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GDP in the UK grew by 0.4% in Q2 2018 compared with the previous quarter. The Eurozone also saw growth of 0.4%, while the US recorded growth of 1.0% during the same quarter.
The IMF released new forecasts on 9 October, leaving its UK GDP growth forecasts for 2018 (1.4%) and 2019 (1.5%) unchanged from its previous July forecast. 2018 growth forecasts for the Eurozone, including France and Germany, were lowered but remain above the UK.
Commons Briefing papers SN02784
Author: Daniel Harari