World in turnmoil, growth losing steam Economic Outlook - march 2025
United Kingdom
In Q4 2024, UK growth remained modest (+0.1%), thus confirming the slowdown observed since mid-2024. This near stagnation is mainly due to sluggish domestic demand, which made no contribution to GDP over the quarter. Household consumption did not grow, corporate investment declined (-3.2%) and residential investment rebounded slightly (+0.6% after -2.1% in Q3). Domestic demand has received some public support, however, with public sector consumption and investment increasing by +0.6% and +3.9% respectively over the quarter. Exports fell back for the third consecutive quarter (-2.5%), while imports increased (+2.1%), leading to a significantly negative contribution to GDP growth by foreign trade (-1.4 points), broadly offset by inventory growth (+1.5 points)...
Conjoncture in France
Paru le :21/03/2025