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May Growth Disappoints

  • Dr. Liliana Danila avatar
    Dr. Liliana Danila Economist | BRC Alumni

UK GDP grew by 0.8% in May, significantly below the 1.5% expected growth and April’s growth of 2.0% (which now has been revised down from 2.3%). May marks the fourth consecutive month of growth, nevertheless, output is 3.1% smaller than in February 2020.

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