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UK Q3 final GDP -0.3% vs -0.2% q/q prelim
- GDP +1.9% vs +2.4% y/y prelim
A slight revision lower but this just confirms the first quarterly drop in UK economic activity since Q1 last year. With Q4 prospects also looking grim, a recession is all but a given and the question now is more of how bad things are with the cost-of-living crisis still permeating across households.
This article was written by Justin Low at www.forexlive.com... Read More Posted: Dec 22 2022, 07:00
Author Name: forexlive
Views: 112094