A strong outturn for November took the output measure of GDP above its pre-pandemic peak. Given GDP is likely to have fallen in December, the quarterly version probably didn’t pass this landmark in Q4. However, timely data suggests the hit from Omicron will be small and relatively short-lived.
What you will learn:
Topics: United Kingdom, Europe, Workforce, Economic outlook, Demographics, GDP, Pandemic, Covid19, Outlook, Covid restrictions, Omicron