BCC Cuts Its Growth Forecast

Note: This section contains information in English only.
Source: Bloomberg
According to the BCC, the U.K. economic recovery will go worse than analysts estimated and British economy needs more help from the government through boosting company investment. The British Chamber of Commerce decreased its growth projection for 2013 from 1.2% to 1% in September and for 2014 growth from 2.2% to 1.8%. The U.K. recession resulted in 1% growth in the third quarter, while The Bank of England expected a "zig-zag" pattern for GDP and decline by 0.1% in this quarter.

Back to articles

Actual Topics

Subscribe to "Fundamental Analysis" feed

Subscribe
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (callback request)
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (callback request).
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.