MoM: Difference between revisions
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imported>Doug Williamson (Add link.) |
imported>Doug Williamson (Mend link.) |
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Month | Month on Month, particularly in the context of percentage growth or decline. | ||
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*[[Bank of England]] | *[[Bank of England]] | ||
*[[COVID-19]] | *[[COVID-19]] | ||
*[[ | * [[Gross domestic product]] (GDP) | ||
*[[Monetary Policy Committee]] | *[[Monetary Policy Committee]] | ||
*[[Q1]] | *[[Q1]] | ||
Latest revision as of 12:38, 26 June 2022
Month on Month, particularly in the context of percentage growth or decline.
- The economic impacts of Covid-19 to date
- "It is clear that the Covid-19 outbreak and measures designed to tackle it have led to a very large and rapid decline in economic activity that is without precedent in recent times...
- As these effects began to develop, GDP fell by 2% in Q1 (with a 5.8% MoM drop in March), and a range of business surveys have shown unprecedented weakness since then."
- Michael Saunders, External Member of the Bank of England's Monetary Policy Committee, May 2020.
