The OECD has cut its forecast for UK economic growth in…
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The OECD has cut its forecast for UK economic growth in 2027 from 1.1% to 1.0%, while raising its 2026 estimate from 0.9% to 1.1%. 📉
The revision came in the OECD’s September interim outlook, which says a more persistent energy shock is weighing on the global outlook.
Higher fuel costs can feed through to household budgets and firms’ costs, adding inflation pressure and weakening spending and investment. 🌍
The forecasts remain conditional on energy prices, trade and financial conditions; the OECD warned that further disruption to energy supplies would be a major downside risk.
https://nutanica.com/Organisation_for_Economic_Co-operation_and_Development
The revision came in the OECD’s September interim outlook, which says a more persistent energy shock is weighing on the global outlook.
Higher fuel costs can feed through to household budgets and firms’ costs, adding inflation pressure and weakening spending and investment. 🌍
The forecasts remain conditional on energy prices, trade and financial conditions; the OECD warned that further disruption to energy supplies would be a major downside risk.
https://nutanica.com/Organisation_for_Economic_Co-operation_and_Development
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