BCC Monthly Economic Review – August 2017

Posted on Monday 31st July, 2017 by

This month’s headlines:

  • UK GDP growth up slightly in Q2, boosted by stronger service sector output.
  • Inflation slows in June, while the UK jobs market goes from strength to strength.
  • IMF downgrades its UK growth forecast as latest BCC QES points to subdued economic activity.

The UK economy remains on track to grow by around 1.5% this year, which if realised would be the weakest rate of growth since 2012.

Click here to read the review in full.

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