Physical Address

304 North Cardinal St.
Dorchester Center, MA 02124

The British economy exceeds 0.5% of expectations in February


Unlock the editor’s digestion free

The British economy grew by 0.5 percent in February, beating the expectations of analysts, gave some positive news for the Chancellor Rachel Reveves as US President Donald Trump’s tariffs.

The office for national statistics has increased by both 0.1 percent of the monthly GDP, Reuters and Zero growth of Zero Growth and Zero Growth, 0.1 percent contribution of 0.1 percent contribution.

Director General of Economic Statistics Liz McKeown said: “The economy has grown strong in both services and widespread growth in the production industry.”

He said that computer programming, telecommunications and car dealers are continuing to live in strong months, production, electronics and pharmacy. After the last weak performance, the car was collected.

GDP index, which shows 0.5 percent of the UK economy in February, 2022 = 100

The figures will apply Trump’s announcement on April 2 to most countries around the world, including 10 percent of England. The movement caused a sharp fall in the global stock markets and asked for fear of the decline on both sides of the Atlantic.

On Wednesday, the US President announced a 90-day break from the “mutual” tasks, but the tariffs of England remain in place.

Given the growing risks in the economy of the British economy, investors will now reduce interest rates in May, and then to further increase the cost of decreasing by the end of the year.

This is a developing story.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *