The British Chambers of Commerce said in a release that the UK economy is expected to “plunge into recession” before the end of 2022, with inflation “spiking to 14%”. Also, “lingering weakness in growth expected to continue into 2024”. BCC downgraded UK GDP growth forecast for 2022 from 3.5% to 3.3%. Also, a recession is […]
The post BCC expects negative UK GDP growth in Q2, Q3, Q4, inflation to peak at 14% appeared first on Action Forex.
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