• UK economy will enter recession in Q4 but will be relatively mild – Goldman Sachs

Noticias del mercado

29 agosto 2022

UK economy will enter recession in Q4 but will be relatively mild – Goldman Sachs

Analysts at Goldman Sachs predict a recession for the UK in the fourth quarter of this year, backing the Bank of England’s (BOE) projections.

Key quotes

“Believe the UK economy will experience a recession in Q4.”

Goldman Sachs “lowers its 2022 GDP forecast from 3.7% to 3.5%.”

Goldman Sachs ‘lowers its 2023 GDP from 1.1% to 0.6%.”

“The UK recession is to be relatively mild.”

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