Deloitte chief economist comments on today's GDP figures from the ONS has been saved
Deloitte chief economist comments on today's GDP figures from the ONS
9 October 2020
Commenting on the latest GDP figures, Ian Stewart, chief economist at Deloitte, said:
“Given the boost from pent-up demand, staycations and the Eat Out to Help Out scheme, August looked set for an outsize rise in GDP. But there’s less bounce in August’s rebound from the lockdown than expected.
“Now, with case rates rising and government support reducing, the outlook is for an even slower pace of growth in the coming months.”
Notes to editors
In this press release references to “Deloitte” are references to one or more of Deloitte Touche Tohmatsu Limited (“DTTL”) a UK private company limited by guarantee, and its network of member firms, each of which is a legally separate and independent entity. Please see deloitte.com/about for a detailed description of the legal structure of DTTL and its member firms.
Deloitte LLP is a subsidiary of Deloitte NSE LLP, which is a member firm of DTTL, and is among the UK's leading professional services firms.
The information contained in this press release is correct at the time of going to press.
For more information, please visit www.deloitte.co.uk.