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9th Dec 2022 15:15U.K., Daily Monitor
- GDP in October was 0.2% above its Q3 average; it's not certain that a recession has already begun...
- ...But the weak level of business surveys and the disruption caused by the snow suggest a Q4 drop is likely.
- The current wave of strikes won't help either, though the impact of past mass walkouts on GDP isn't visible.
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Keywords for: 13 Dec 2022 UK Monitor
business surveys, October, q3, q4, recession, surveys, Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence