Press releases

Deloitte comments on today’s GDP data

11 February 2020

“The UK economy faced headwinds from domestic political uncertainty and softening global growth last year. Under the circumstances a 1.4% growth rate wasn’t bad – and after all it was marginally better than 2018 and last year’s euro area growth rate.

A bounce in business confidence and greater optimism in the housing market suggests that we should see a snap back in activity this quarter.”

End

Notes to editors

About Deloitte
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

Member of Deloitte Touche Tohmatsu Limited

Did you find this useful?