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IMF: UK 2023 economic forecast worse than sanction-hit Russia

Martin Everson

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https://www.arabianbusiness.com/pol...it-will-be-only-g7-nation-to-shrink-this-year
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The UK will be the only Group of Seven member whose economy will shrink this year, with a contraction of 0.6%, the IMF said.

That makes Britain’s outlook even worse than sanctions-hit Russia, which is expected to expand by 0.3% after contracting 2.2% in 2022


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WEO-Chart-JAN-2023.ashx
 
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