Friday , October 18 2019
Home / Political Thoughts - the magazine / No Deal Apocalypse is Project Fear: UK GDP Growth Quarter 3 (Q3) 2019

No Deal Apocalypse is Project Fear: UK GDP Growth Quarter 3 (Q3) 2019

Summary:
It is now October so current predictions of GDP growth for the July-September quarter (Q3) are fairly secure.  July GDP growth was 0.3% according to the ONS and Q3 is likely to be 0.3% for the whole quarter and overall growth 1.3% for the year.The forecast for Germany is 0.5% for 2019. The prediction for France is 1.3% and Italy is 0.1%. This is surely the most difficult time for the UK economy in half a century but it is a leader amongst the EU big four.The disastrous performance of the German and Italian economies means that the various "No Deal" predictions of how well the UK will perform economically relative to remaining in the EU are utterly out of date.  The No Deal predictions are now firmly what they have always been - Project Fear.

Topics:
John considers the following as important:

This could be interesting, too:

J. writes Why a Second Referendum is Undemocratic

J. writes Boris Johnson must publicly reject the Treasury Predictions

J. writes Democracy will end by 2020 if nothing is done.

J. writes The Broadcast Media and Independence

It is now October so current predictions of GDP growth for the July-September quarter (Q3) are fairly secure.  July GDP growth was 0.3% according to the ONS and Q3 is likely to be 0.3% for the whole quarter and overall growth 1.3% for the year.

The forecast for Germany is 0.5% for 2019. The prediction for France is

1.3% and Italy is 0.1%.

No Deal Apocalypse is Project Fear: UK GDP Growth Quarter 3 (Q3) 2019

This is surely the most difficult time for the UK economy in half a century but it is a leader amongst the EU big four.

The disastrous performance of the German and Italian economies means that the various "No Deal" predictions of how well the UK will perform economically relative to remaining in the EU are utterly out of date.  The No Deal predictions are now firmly what they have always been - Project Fear.

About J.
John

Biography data hidden due GDPR Data Protection. Author consent pending.
(Economic Blogs is not responsible for linked external content)

Leave a Reply

Your email address will not be published.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