NIESR: UK economy entered recession in Q2, to stay there until Q1

NIESR projects the UK economy to contract -0.1% in Q2, with growth likely to slow further as inflation drags on consumer demand. UK appears to have entered a recession in Q2 already. It expects the recession to last until Q1 of 2023. GDP growth is estimated at 3.5% in 2022 and 0.5% in 2023. It […]

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