23 Dec 2021 The U.K. Economy Still is Among the Hardest-Hit in the G7

Gabriella Dickens22nd Dec 2021 15:20U.K., Daily Monitor

Quarter-on-quarter GDP growth was revised to 1.1% in Q3, from 1.3%, due to GFCF and public spending.
The shortfall in U.K. GDP from its pre-Covid Q4 2019 peak still is among the biggest in the G7.
Omicron, on top of falling households' real incomes and Brexit, will limit GDP growth in 2022.

bank bank rate business investment committee consumer consumers consumption cpi economy exports gdp gdp growth global goods government government consumption gross fixed capital growth health health services healthcare households imports investment it machinery majority manufacturers measures output pmi pmi data policy profit profit margins Q3 GDP real disposable incomes real incomes real spending remain services spending supply supply chain trade transport

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