UK '始める，決める to 避ける 後退，不況' but 利益／興味 率s to take （死傷者）数

By JOHN-PAUL FORD ROJAS

Updated:

Britain's economy is to grow more quickly than 以前 thought this year ? but will find it hard to 選ぶ up 速度(を上げる） in 2024 予定 to the 延期するd 衝撃 of 率 引き上げ（る）s, a 予測（する） 警告するs.

The 報告（する）／憶測 from EY ITEM Club 予報するs that the UK economy will grow by 0.4 per cent in 2023, up from its previous 見積（る） in April of only 0.2 per cent growth.

But the 見通し for the next couple of years has darkened によれば the 予報官 ? which uses the UK 財務省's model. It 推定する／予想するs the economy will grow by just 0.8 per cent in 2024 ? 負かす／撃墜する from a 以前 予測（する） 1.9 per cent ? and by 1.7 per cent in 2025, 負かす／撃墜する from 2.3 per cent.

一方／合間 the stubbornness of インフレーション means that it will not be until 2025 ? rather than a 以前 thought 2024 ? that 年次の 行う growth finally はるかに引き離すs 年次の 普通の／平均（する） インフレーション.

This 示唆するs that the value of 支払う／賃金 packets will keep 落ちるing in real 条件 until then.

Hard times: Britain's economy is to grow more quickly than previously thought this year ? but will find it hard to pick up speed in 2024

Hard times: Britain's economy is to grow more quickly than 以前 thought this year ? but will find it hard to 選ぶ up 速度(を上げる） in 2024

It means many 投票者s may not start to feel an 改良 in their 財政／金融s until after next year's General 選挙.

Hywel Ball, of EY, said: 'The economy is moving past the 一連の shocks which have buffeted it in 最近の years, but their repercussions are long 継続している and 持つ／拘留するing 支援する UK growth.'

It comes after 人物／姿／数字s last week showing a bigger-than-推定する／予想するd 落ちる in インフレーション in June gave hope to 消費者s 格闘するing with the cost of living squeeze.

It also 申し込む／申し出d a light at the end of the tunnel for borrowers ? that 利益／興味 率s may not have to go up by as much as 恐れるd.

The EY ITEM Club 報告（する）／憶測 反映するd the fact that インフレーション has proven more stubborn than when it 問題／発行するd its last 予測（する） in April ? meaning 利益／興味 率s will also remain higher for longer.

But it said that more 前向きに／確かに 'the economy's resilience so far this year translates into an 昇格d 予測（する） for 2023'.

'The economy remains on course to 避ける 後退，不況,' the 報告（する）／憶測 追加するd.

However, higher 利益／興味 率s will 限界 会社／堅いs' appetite to spend in 2024, the 予測（する） 追加するd. Those higher 率s will also take their （死傷者）数 on the 住宅 market, with prices 始める，決める to stagnate this year and 減少（する） by 4 per cent in 2024.

The 予測（する） said the 衝撃 of higher borrowing costs was 始める，決める against the 上げる to the economy from 落ちるing energy prices, 緩和 供給（する） chain 圧力s and a growing 全労働人口.

Most watched Money ビデオs

MOST READ MONEY

Previous
Next

Comments 82

株 what you think

  見解（をとる） all

The comments below have not been 穏健なd.

  見解（をとる） all

The 見解（をとる）s 表明するd in the contents above are those of our 使用者s and do not やむを得ず 反映する the 見解（をとる）s of MailOnline.

We are no longer 受託するing comments on this article.