Home UK OBR’s reference scenario is for 35% drop in real GDP in Q2, then bounce

UK OBR’s reference scenario is for 35% drop in real GDP in Q2, then bounce

Updated: 14 Apr. 2020 | 13:07

The UK’s Office for Budget Responsibility is for a fall of 35% in real Gross Domestic Product in the second quarter of 2020 due to coronavirus. The OBR stresses this is not a forecast.

— more to come

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