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07-25-2008, 05:50 AM
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Join Date: Nov 2007
Posts: 199,602
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Forex & Economic Commentary by Lloyds TSB
Forex & Economic Commentary by Lloyds TSB
The first estimate of UK Q2 GDP growth published today will show that the economy is slowing sharply, but still well off 1990/91 recession levels, see chart. We are expecting 0.2% growth on the quarter down from 0.3% in Q1 and well below the peak in quarterly growth of 0.9% a year ago. The Q2 figure translates to 1.6% growth on an annual basis (2.3% in Q1). Go to Full Article |
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