UK growth disappoints against expectations with only 0.3% last quarter UK growth disappoints against expectations with only 0.3% last quarter
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  1. #1

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    Default UK growth disappoints against expectations with only 0.3% last quarter

    Hard Brexit now!
    #prayfornodeal

  2. #2

    I Am Legend

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    Quote Originally Posted by sasguru View Post
    It was a surprise to me! I expected a -ve figure.

    Throw another stack of fifties on the QE bonfire?

  3. #3

    Contractor Among Contractors

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    Apparently, it is the "slowest rate of growth since the first quarter of 2016"

    Here's a Guardian headline 12 months ago

    "UK GDP growth slows to 0.4% in first quarter of 2016 "

    (and I believe it was revised down to 0.2% subsequently)

    Seems to me that UK GDP growth has a tendency to slow down in the first quarter.

    United Kingdom GDP Growth Rate | 1955-2017 | Data | Chart | Calendar

    "Compared with the same quarter of 2016, the economy grew 2.1 percent, accelerating from a 1.9 percent expansion in the previous period but missing market expectations of a 2.2 percent gain."

  4. #4

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    Quote Originally Posted by chopper View Post
    Apparently, it is the "slowest rate of growth since the first quarter of 2016"

    Here's a Guardian headline 12 months ago

    "UK GDP growth slows to 0.4% in first quarter of 2016 "

    (and I believe it was revised down to 0.2% subsequently)

    Seems to me that UK GDP growth has a tendency to slow down in the first quarter.

    United Kingdom GDP Growth Rate | 1955-2017 | Data | Chart | Calendar

    "Compared with the same quarter of 2016, the economy grew 2.1 percent, accelerating from a 1.9 percent expansion in the previous period but missing market expectations of a 2.2 percent gain."
    Nice theory but falls apart if you go back further than 2 years.

    I'm alright Jack

  5. #5

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    Quote Originally Posted by BlasterBates View Post
    Nice theory but falls apart if you go back further than 2 years.

    The general trend has been lower since the beginning of 2015 compared with the two years prior to that.


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