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UK NIESR: Energy price guarantees to drive GDP growth higher in Q4

Started by PocketOption, Oct 12, 2022, 08:32 pm

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UK NIESR: Energy price guarantees to drive GDP growth higher in Q4

NIESR said the -0.3% contraction in UK GDP in August “possibly signalling the beginning of an economic recession”. Given that September PMI pointed to further decrease in the manufacturing sector, it’s likely to continue to drag on the economy in Q3. However, it expects “the energy price guarantees for households and firms announced in September’s […]


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