韩国三级视频-日韩操-视频一二区-久草欧美-五月天婷婷丁香花-动漫美女靠逼-韩国一区二区三区视频-美女扒开内裤让男人桶-亚洲AV无码精品一区二区三区-无码内射中文字幕岛国片-亚洲成色网

Brexit dampens rate of economic growth in Britain

Source: Xinhua| 2018-11-16 06:01:17|Editor: Mu Xuequan
Video PlayerClose

LONDON, Nov. 15 (Xinhua) -- Brexit worries are dampening down growth in Britain's economy, new data on Thursday showed.

Growth in retail sales in October was half the level it was last year, according to figures from the official data body the Office for National Statistics (ONS).

Although the monthly figures are liable to be volatile, the rolling quarterly figures support a story of consumer wariness and an unwillingness to spend heavily while Brexit uncertainty remains in the air. Total retail sales rose over the three months to the end of October by 0.4 percent over the previous three-monthly period.

Thomas Pugh, British economist with Capital Economics, a London-based economics data firm, said: "With inflation continuing to fall back... and pay growth on the up, there should be scope for consumer spending growth to gather some momentum."

Brexit poses a challenge to economic growth, with a No Deal Brexit representing disruption and uncertainty and the likelihood of significant economic setbacks in the short term at least, with a negotiated Brexit or no Brexit at all signalling a period of stability and advanced growth.

"If a Brexit deal is struck and the UK enters into a transition period or indeed, if there is no Brexit at all, then we think that annual consumer spending growth will pick up from its current rate of 1.6 percent, to 2 percent in 2020," Pugh said.

British Prime Minister Theresa May revealed the details of an agreement on Brexit between her government and the European Union (EU), but Thursday saw two senior members of her Cabinet resign in protest over the deal plans and opposition to the deal.

Pugh said: "If there were a No Deal Brexit, which is becoming increasingly likely, we estimate a hit of between 1 percentage point and 3 percentage points to consumer spending growth in 2019."

TOP STORIES
EDITOR’S CHOICE
MOST VIEWED
EXPLORE XINHUANET
010020070750000000000000011105091376096501
主站蜘蛛池模板: 定襄县| 揭西县| 泸溪县| 潼关县| 江阴市| 资源县| 双牌县| 北碚区| 芜湖县| 怀来县| 靖江市| 广西| 新郑市| 南靖县| 宣威市| 华阴市| 沙坪坝区| 道孚县| 和田县| 开封市| 南雄市| 竹山县| 阳朔县| 蓬溪县| 古交市| 安陆市| 建湖县| 临高县| 延边| 大化| 星子县| 乌苏市| 安丘市| 双城市| 当涂县| 遂溪县| 潼关县| 永新县| 周口市| 灵台县| 措勤县|