Macro - Weekly Briefings - United Kingdom

Macro - Weekly Briefings - United Kingdom

February's GDP data showed contrasting impacts of the transition to living with Covid. Most of the benefits, in terms of a rebound in social consumption, have now been enjoyed. But some of the costs, in the form of less support to health output from Covid-related activities, are still to be borne. The loss of much of the remaining support is likely to contribute to UK GDP falling in Q2.

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