Pantheon Macroeconomics

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4th Nov 2022 16:16U.K., Daily Monitor

  • We think GDP dropped by 0.5% month-to-month in September; business surveys were very weak...
  • ...And the extra public holiday for the Queen’s funeral likely was more damaging than the Jubilee holiday.
  • A peak-to-trough fall in GDP of about 2.3% likely lies ahead, similar in scale to the early 1990s recession.

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Keywords for: 8 Nov 2022 UK Monitor

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