How the U.K. Beat Predictions of a Brexit Crunch So Far
- Economy has maintained momentum since the EU vote last year
- But pound decline has helped to boost inflation rate
Four Finance Ministers Talk Brexit in 75 Seconds
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The road to Brexit has been littered with inaccurate economic forecasts.
Since the U.K. voted to leave the European Union in June, growth has surpassed expectations on the strength of consumer spending, defying projections just after the vote for two quarters of contraction and barely any expansion through much of 2017. Economists still see a slowdown, albeit gentler, and many warn that the impact will be protracted.