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Western Europe November 12, 2020 / 09:30 am UTC

UK Q3 GDP Bounces… But Are the Omens Good for Q4?

By Andrew Wroblewski
UK GDP rose by a record 15.5% q/q in Q3 2020, as lockdown measures were eased. Although this was largely expected and reflects some recovery of activity following the record contraction of 19.8% in Q2, the level of GDP in the UK is still 9.7% below where it was pre-pandemic