UK April data beat across housing, manufacturing, and credit: Nationwide house prices +0.4% MoM vs. -0.3% forecast, Manufacturing PMI 53.7 vs. prior 51.0, and mortgage lending £6.15B vs. £4.20B expected. The BoE's rate-cut path just got more complicated.
This chart highlights the rebound in UK house prices, showing Wales' prices have risen 30.7% compared to the national average of 22.0%, aligning with the reported Nationwide HPI growth. Source
