On February 13th, according to Jinshi data, Debapratim De, an analyst at Deloitte, stated that the UK economy will not see a significant rise in the coming months. The analyst wrote that the UK economy unexpectedly rose in the fourth quarter, but the increase was only 0.1%, and the ‘underlying momentum remains weak.’ He said, ‘We expect that the fiscal easing policy in last autumn’s budget will boost economic activity in the summer, but the rise throughout the spring will still slow down.’
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Market analysis: The UK economy will not experience a significant rise in the coming months.
On February 13th, according to Jinshi data, Debapratim De, an analyst at Deloitte, stated that the UK economy will not see a significant rise in the coming months. The analyst wrote that the UK economy unexpectedly rose in the fourth quarter, but the increase was only 0.1%, and the ‘underlying momentum remains weak.’ He said, ‘We expect that the fiscal easing policy in last autumn’s budget will boost economic activity in the summer, but the rise throughout the spring will still slow down.’