GDP shock: UK economic growth almost grinds to halt in first three months... 0.1% GDP growth in Q1 2018 - worst figure for six years 
Weather effect “limited” on that Q1 weak growth figure says ONS
Interesting to see if Government tries to blame it on the weather, when ONS says “limited effect overall”... last time that happened under Osborne, it was fairly easy to point out worse weather in Europe, but higher growth rates....
... and I distinctly remember the Government blaming the snow meme becoming so laughable, that outdoor interviews of Davos in the snow were suddenly repositioned indoors!
I mean, no one’s seriously going to argue that the Beast from the East economic effect skipped Germany, Belgium, Holland and France, and just decided to hit us in a targeted strike.
Are they?
Are they?
quite right that one quarter GDP can be erratic... so here’s weak pattern not seen elsewhere over last 5 quarters...
🇩🇪 ?, 0.6, 0.7, 0.6, 0.9
🇫🇷 0.3, 0.6, 0.5, 0.6, 0.7
🇺🇸 ? , 0.6, 0.8, 0.8, 0.3
🇪🇺 ?, 0.6, 0.7, 0.7, 0.6
🇬🇧 0.1, 0.4, 0.5, 0.2, 0.3
🇩🇪 ?, 0.6, 0.7, 0.6, 0.9
🇫🇷 0.3, 0.6, 0.5, 0.6, 0.7
🇺🇸 ? , 0.6, 0.8, 0.8, 0.3
🇪🇺 ?, 0.6, 0.7, 0.7, 0.6
🇬🇧 0.1, 0.4, 0.5, 0.2, 0.3
