Deloitte chief economist comments on today's GDP figures has been saved
Deloitte chief economist comments on today's GDP figures
13 July 2022
Commenting on GDP figures, published by the ONS today, Ian Stewart, chief economist at Deloitte, said:
“GDP monthly estimate data is notoriously unpredictable, and May’s bounce of 0.5% partly reflects a surge in GP appointments which tell us little about the underlying state of the economy. With real incomes withering as prices rise, we expect a marked cooling in the pace of GDP growth through the summer and into the end of the year.”
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