Pantheon Macroeconomics - The second estimate of Q1 GDP confirmed that the recovery has lost momentum and revealed that growth would have ground to a halt without consumers. GDP growth likely will slow further in Q2, as Brexit risk undermines business investment.

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27 May. Q1 GDP Just the Beginning of a Prolonged Slowdown

By Samuel Tombs

The second estimate of Q1 GDP confirmed that the recovery has lost momentum and revealed that growth would have ground to a halt without consumers. GDP growth likely will slow further in Q2, as Brexit risk undermines business investment.

Posted: 27th May 2016 in 'UK Documents'

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