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IMF downgrades UK growth forecast

Geoff Riley

20th December 2017

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The IMF has published a sober assessment of the near-term prospects for the UK economy despite global economic conditions continuing to strengthen.

UK economic growth is projected to remain around 1½ percent in 2018. Inflation is expected to fall gradually but real wages will fall again accentuating the squeeze on real living standards for millions of people.

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Geoff Riley

Geoff Riley FRSA has been teaching Economics for nearly forty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD and Revision conferences in the UK and overseas.