Debate House Prices


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MSE News: UK economic growth weaker than expected

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  • OneADay
    OneADay Posts: 9,031 Forumite
    Combo Breaker First Post
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    I blame it on an 'Act of Gordon'.
  • tomterm8
    tomterm8 Posts: 5,892 Forumite
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    ILW wrote: »
    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 Chickens
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