27 May 2024
UK Macroeconomic Snapshot - Resilience in early 2024 with Mixed Prospects Ahead
The UK economy showed resilience in early 2024, with GDP growing by 0.6% in Q1 after contractions in the previous two quarters. GDP per capita increased by 0.4%, marking the first rise in two years. However, the BoE forecasts subdued growth of just 0.2% for Q2.
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