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Emeritus Prof Christopher May /
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2024-10-11 06:08:33

Emeritus Prof Christopher May on Nostr: Anyone celebrating or over-interpreting the announcement that GDP 'returned to ...

Anyone celebrating or over-interpreting the announcement that GDP 'returned to growth' of 0.2% in August doesn't really understand that this is well within the margin of error for continued stagnation of decline, and actually merely reflects a continued flat-lining of the UK economy.

Most of the journalistic commentary will be meaningless, and not just because growth in GDP really tells us little about the country's well-being...

Just ignore it (& I appreciate the irony of saying that here)
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