Huw Dixon
@Econdixon
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Economist who likes things done correctly. Currently at Cardiff, previously York, Essex, London. PhD Oxford with Sir James Mirrlees. RT not endorsement.
Cardiff, Wales
Joined August 2016
The Leontief Inverse. When you take the direct input output matrix, put it in reverse you get the Leontief Inverse, which shows the direct AND indirect inputs in every output. There are no zeros. Everything is connected. #SupplyChain #shortage
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Glad to see an optimistic economic outlook for UK coming from NIESR.
⚡ OUT NOW ⚡ Budget Will Boost UK #EconomicGrowth This Year 📈 The UK could be the third fastest growing economy in the #G7 in 2025, with our latest Economic Outlook projecting 1.5% GDP growth 📊 Read the main points ⬇ Full Outlook available Friday ⏰
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A paper with a great data set on Euro Area consumer prices. It caused quite a storm in Greece as it shows Greeks pay higher prices for many types of goods and brands. Great working with my co-authors at the Bank of Greece, Pavlos and Dora. More to come soon....
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RT @Reuters: Donald Trump unexpectedly held off tariffs on China on his first day back at the White House and did not single it out as a th…
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Nigeria joins BRICS as a partner. This is almost as big as the recent accession of Indonesia as a full member of BRICS+. The global South is aligning with China and Russia, not the west. Nigeria has a population of over 200m. The top 5 economies in Africa are now in BRICS+.
Nigeria is admitted as a partner country of the BRICS bloc
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The mercantilist world view died for good reason. Trade benefits both parties, in this case China and the US
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This complements my earlier @EconObservatory post on high energy prices reducing GDP. @EdConwaySky plots the deindustrialization of UK industry as a result of high energy costs. Same story in Germany. #energy #GDP
🚨UPDATE The implosion of the UK chemicals sector continued in Nov, according to this morning's data. Cumulative fall in output since 2021 is now 38% 👇 It's further evidence of continued UK deindustrialisation, in the face of high energy prices
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RT @Reuters: Apple has been dethroned as the top smartphone seller in China. Figures from research firm Canalys show it was overtaken by lo…
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RT @EdConwaySky: 🚨UPDATE The implosion of the UK chemicals sector continued in Nov, according to this morning's data. Cumulative fall in ou…
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RT @NIESRorg: Today’s ONS numbers indicate that annual #inflation slightly fell to 2.5% in December. Here’s a short thread explaining today…
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RT @NIESRorg: ⚡ JUST PUBLISHED ⚡️ Inflation Expected to Rise Next Month "Taken together, [today's] figures indicate that inflationary pres…
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The #BoE would be ill advised to cut rates anytime soon. There is so much uncertainty around and it is all upside. Possible Israel/Iran conflict, more sanctions on Russian oil, conflicts in South China sea/Taiwan to name a few. #inflation #UK
We expect the #BoE to remain cautious with regards to #interestrate cuts given the global uncertainty around the Trump presidency and the resulting heightening of inflation expectations 4/4 Watch this page as our full analysis will be out shortly ⬇️📊
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RT @NIESRorg: ⚡ OUT NOW ⚡ Our latest CPI Tracker expects #inflation to rise above 3% next month due to base effects 📈 Pressures stemming…
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The slight fall in inflation in December was in line with our forecast: we thought 2.4% but 2.5% in the margin of error. However, the month on month inflation at 0.3% (annualised 3.6%) indicates inflationary pressures still present. January could be higher still...
⚡ JUST PUBLISHED ⚡️ Inflation Expected to Rise Next Month "Taken together, [today's] figures indicate that inflationary pressures are still with us" In this blog, @Econdixon unpacks the latest #inflation figures 📊 and expectations looking forward ⏰⬇
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@RachelReevesMP I think that it is essential for the UK economy that we engage with China. We need their manufacturing and engineering expertise in renewables, Electric cars and many other sectors to boost our productivity and GDP. Not to engage is to condemn us to stagnation.
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The buy high sell low strategy of the Bank is resulting in large losses ultimately bourne by the UK tax payer. #QE turned out to be a very expensive policy.
The Bank of England has sold some £750 million of its QE bond holdings this afternoon. It was a bond maturing in January 2028 for which it paid just over 100 and today sold at 88.27. #QT
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Sadly, to read the UK report of the China UK shindig in Beijing it was financial services that was the focus of @RachelReevesMP mission. What the UK needs is actual nowhow, not financial access to Chinese markets. @lammy
Glad to see some common sense from @RachelReevesMP. The UK needs China to benefit from their knowledge in renewables, EVs and general engineering and manufacturing expertise. There is no obvious alternative #Reeves #China @lamm
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Glad to see some common sense from @RachelReevesMP. The UK needs China to benefit from their knowledge in renewables, EVs and general engineering and manufacturing expertise. There is no obvious alternative #Reeves #China @lamm
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