IMF Revises Growth Forecast Upwards Again

The IMF has significantly upgraded its growth forecast for Britain in 2017: it now expects the UK economy to grow by 1.5% this year, up by 0.4 percentage points on its October estimate. It has recorded 2016 growth at 2%, up from 1.8%. The IMF said growth:

Held up better than expected in the aftermath of the Brexit vote.”

Remember, Christine Lagarde said the aftermath of a Leave vote would be “pretty bad to very, very bad”. At least Andy Haldane had the good grace to issue a mea culpa…

mdi-tag-outline Brexit Despite Brexit IMF
mdi-timer January 16th 2017 @ 2:45 pm mdi-share-variant mdi-twitter mdi-facebook mdi-whatsapp mdi-telegram mdi-email mdi-printer
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