Economics
Clouds Linger as U.K. Economy Sours in April: Brexit Barometer
Our monthly update on how Brexit is affecting the economy
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The Bloomberg Brexit Barometer last month had its largest drop since August 2017 as the U.K. jobs picture and market uncertainty took their toll. The decline came as the country’s policy makers, businesses and citizens grappled with what exactly a post-Brexit trading relationship with the European Union will look like.
The barometer, which includes data for growth, labor market, inflation and other key economic indicators, fell to 22.7 in April from a revised 33.2 in March, marking the third consecutive month of “cloudy” weather. It was the largest drop since August 2017.