UK and Germany expected to beat growth forecasts
Europe’s two biggest economies are expected to beat growth forecasts despite economic headwinds, lifting hopes in a continent that has become the poster child for stagnation.
Key points
- A severe winter, however, could put the rosy forecasts at risk, Bloomberg reported.
The UK on Thursday posted its fastest pace of quarterly growth for years, as AI fed a spending spree and consumers weathered an energy shock sparked by the war in the Middle East; Britain’s burgeoning green energy industry has helped protect its economy, too.
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