Related News
UK's weak GDP may shrink in Q4
Source: Agencies |
November 15, 2012, Thursday
|
Print Edition
Print Edition
BRITAIN'S weak economy may shrink in the last three months of this year and growth will remain sluggish into 2013, the governor of the Bank of England warned yesterday.
The warning came after the UK's economy unexpectedly grew by 1 percent on an annual basis in the third quarter, ending a nine-month slump. "Output growth is likely to fall back sharply in the fourth quarter as the boost from the Olympics in the summer is reversed - indeed output may shrink a little this quarter," Governor Mervyn King said. The central bank also lowered its 2013 GDP growth forecast to 1 percent.
The warning came after the UK's economy unexpectedly grew by 1 percent on an annual basis in the third quarter, ending a nine-month slump. "Output growth is likely to fall back sharply in the fourth quarter as the boost from the Olympics in the summer is reversed - indeed output may shrink a little this quarter," Governor Mervyn King said. The central bank also lowered its 2013 GDP growth forecast to 1 percent.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
