why average financial conditions miss what matters most – Bank Underground

Banking

why average financial conditions miss what matters most – Bank Underground

Sep 4, 2026

Miguel Herculano, Santiago Montoya-Blandon and Jorge Pinheiro Financial conditions indices are widely used by central banks and policymakers, including in the UK, to summarise and monitor in real-time the state...

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Is UK productivity growth low? A historical and cross-country perspective – Bank Underground

Banking

Is UK productivity growth low? A historical and cross-country perspective – Bank Underground

Aug 31, 2026

Sophie Piton and Fabrizio Cadamagnani A lot has been written about UK productivity and how weak it’s been in recent years. This post assesses UK productivity trends in a historical...

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Has UK food inflation been under the weather? – Bank Underground

Banking

Has UK food inflation been under the weather? – Bank Underground

Aug 29, 2026

India Rimmer, Hannah Copeland and Boromeus Wanengkirtyo Global extreme weather events may feel far away, but they leave behind a trail of higher prices in our shopping baskets. As outlined...

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