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MSE News: UK economic growth weaker than expected
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I blame it on an 'Act of Gordon'.0
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Just a thought, but if growth is 0.4% and inflation is 3% is this not still a recession, or is the growth figure adjusted to include inflation?
The released figures are adjusted for inflation, using a rather arcane measure of inflation called the GDP Deflator (i.e. not the CPI or RPI).“The ideas of debtor and creditor as to what constitutes a good time never coincide.”
― P.G. Wodehouse, Love Among the Chickens0
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