🔴 Britain’s economy will be the worst of any large wealthy country next year, according to a leading international organisation 👉 GDP in the UK is set to shrink by 0.4% in 2023
Britain’s economy will be the worst of any large wealthy country next year, according to a leading international organisation.is set to shrink by 0.4 per cent in 2023, the Organisation for Economic Co-operation and Development has forecast – a sharper recession than any other member of the G7. Growth will return in 2024 but at a rate of just 0.2 per cent., the OECD expects, but Germany will be the only other country whose economy will shrink, with a predicted decline of 0.3 per cent.
The projections for Britain differ from those announced last week by the Office for Budget Responsibility, which has forecast a deeper but shorter recession, with GDP shrinking 1.4 per cent next year but bouncing back by 1.3 per cent the year after.
Belgique Dernières Nouvelles, Belgique Actualités
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