Deloitte's senior economist comments on today's GDP figures has been saved
Deloitte's senior economist comments on today's GDP figures
12 August 2020
Commenting on the latest GDP figures, Debapratim De, senior economist at Deloitte, said:
“The UK economy has entered into recession with its worst quarterly performance on record. The monthly data shows that a bounce back is underway and picked up steam in June.
“However, its pace is consistent with a slow recovery – one that seems unlikely to be V-shaped. We expect economic activity to return to pre-pandemic levels only in the second half of 2022.”
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