Pantheon Macroeconomics

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10th Feb 2023 16:20U.K., Weekly Monitor

  • The U.K. still is the only G7 country in which GDP has not recovered to its pre-Covid peak yet.
  • A recession was narrowly avoided in Q4, but the de- tails show that private-sector activity continued to fall.
  • We still expect GDP to fall 0.7% year-over-year in 2023, as the drags from monetary and fiscal policy build.

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Keywords for: 13 Feb 2023 UK Monitor

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