Register
Demo
Contacts
 

Stock market analytics, financial forecasts

Get the latest economic news from ForexMart, including updates on the financial market, central banks' policy announcements, financial indicators, and other relevant news which can have an impact on the industry.

Disclaimer:  Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance.

Weaker UK Economy Predicted by European Commission

February, 14 2017
watermark Economic news

The European Commission (EC) projected that the British economy will have a large decline for the next two years. Previously, there are predictions regarding UK economic downtrend but the country acquired 1.7% this year and 1.9% for the next.

According to forecasts, UK will only gain 1.5% growth within this year and an estimated 1.2% for 2018, compared with 2% expansion last 2016. The EU institution further mentioned the reason behind the decline is due to dilemmas brought by the Brexit referendum.

In compared with UK, the 19 European countries are expected to develop by 1.6% for 2017 and 1.8% for the following year. Moreover, the EC have stated that the United Kingdom and Europe will improve suggesting a 1% surge for the current year.

Inflation was likely to boost touching 1% annual rate relatively higher than the 0.2% result in 2016.


World-Class Trading Platform

Professional Customer Support

Best Execution

Logo

QUICK LINKS

+ 442 030 976 697
Contact Us
Feedback
twitter

ForexMart is authorized and regulated in various jurisdictions.

(Reg No.23071, IBC 2015) with a registered office at Shamrock Lodge, Murray Road, Kingstown, Saint Vincent and the Grenadines

Restricted Regions: the United States of America, North Korea, Sudan, Syria and some other regions.


© 2015-2024 Tradomart SV Ltd.
Top Top
defer(function(){ $("#cookies_modal").modal('show'); setCookie('fm_cookies', 'agree'); $(document).on('click', ".fm_cookies", function () { $("#cookies_modal").modal('hide'); setCookie('fm_cookies', 'agree'); }); }); function setCookie(key, value) { var expires = new Date(); expires.setTime(expires.getTime() + (10 * 365 * 1 * 24 * 60 * 60 * 1000)); document.cookie = key + '=' + value + ';expires=' + expires.toUTCString(); }
Risk Warning:
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.