Author Topic: UK economy grows 0.5% in three months after Brexit vote  (Read 4410 times)

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Offline Ptarmigan

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UK economy grows 0.5% in three months after Brexit vote
« on: October 27, 2016, 06:24:26 PM »
UK economy grows 0.5% in three months after Brexit vote
http://news.sky.com/story/uk-economy-grows-05-in-three-months-after-brexit-vote-10633887

Quote
The UK economy grew by 0.5% in the three months after the Brexit vote, the Office for National Statistics (ONS) has said.

The figure for July to September was down from the 0.7% growth recorded in the second quarter of 2016 - the months before Britain voted to leave the European Union.

But it is more robust than many economists had expected - and stronger than the 0.2% forecast last month by the Bank of England (BoE).

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Offline Ralph Wiggum

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Re: UK economy grows 0.5% in three months after Brexit vote
« Reply #1 on: October 27, 2016, 07:02:15 PM »
0.5 growth in the US economy gets a tingle in Obumbler's pants.  Chris Matthews too.

Growth properly in the U.S. should be 1.5-3%.  But that is good as a starting point for the U.K.
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