Press releases

Deloitte UK economist comments on this morning's GDP figures

21 January 2020

Debapratim De, UK Economist at Deloitte, comments on the latest GDP figures:

“Today’s GDP data provides further evidence of economic stagnation in the fourth quarter. Political uncertainty and a global slowdown continued to blight UK activity in November.

However, recent surveys such as the latest services PMI and Deloitte CFO Survey, suggest that the outlook has improved somewhat, with business confidence staging its sharpest rise on record among UK CFOs.”

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

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