UK economy could be at the risk of falling into summer recession
chinadaily.com.cn | Updated: 2022-04-20 03:44
Economist experts said slowing post-lockdown growth and rising living costs caused by the Russia-Ukraine conflict could result in a fall in gross domestic product (GDP) for two consecutive quarters this year. James Smith, an economist at the Dutch bank ING, said "It'll be pretty close to a technical recession."
Editor's Pick
