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- Title
UK Overview.
- Abstract
Following the vote to leave the EU, we have reduced our forecasts for GDP growth in the short and long term. In the short term, heightened uncertainty will dampen business investment, while the weaker pound will push up inflation and hamper consumer spending. Further out, we expect the UK to lose its access to the single market in return for the ability to limit immigration; both of these choices would limit prospects for GDP growth.
- Subjects
EUROPEAN Union countries; BREXIT Referendum, 2016 -- Economic aspects; BRITISH withdrawal from the European Union, 2016-2020; GROSS domestic product; GROSS domestic product forecasting; ECONOMIC conditions in Great Britain, 1997-
- Publication
Economic Outlook, 2016, Vol 40, Issue 3, p3
- ISSN
0140-489X
- Publication type
Article
- DOI
10.1111/1468-0319.12227