First bits are out of date. It was all revised up recently. The UK outstripping France and Germany.Originally Posted by Jordi Culé
https://www.reuters.com/world/uk/uk-...23-2023-09-29/
Germany itself is experiencing a recession.
https://www.forbes.com/sites/simonco...catch-a-break/
Inflation peaks at different points but basically everyone peaked at circa 10-11%. Before the peak our inflation was generally lower (a month or so behind) and so after we were higher for longer.
Inflation is a recurring problem, no doubt, but it is is everywhere and it may be linked to higher wages. As mentioned our wage growth v inflation ratio has been better than most.
Unemployment - lower here. Stock exchange - generally better here. Value of pound - generally worse here. The pattern goes on. It's mixed but nothing points to any kind of negative impact, let alone a disaster.
No one disputes tough times, but it's the same everywhere. It amazes me how many pro-europeans don't seem to follow what's happening there!
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