UK | Special
Monthly Review-December 2017
UK Economic and Investment Briefing – December 2017UK GDP growth was confirmed at 0.4% q-o-q and 1.5% y-o-y in Q3. Survey data so far is consistent with the economy growing at a quarterly rate of 0.5% in the closing months of 2017.
- BNP Paribas have revised up global growth forecasts for 2018, reflecting a stronger end to 2017.
- Preliminary investment figures for 2017 to end-November put UK-wide investment at over £47 billion, already in line with 2016 volumes.
- A small but key trend over 2016-17 has been the rise of direct investment in commercial real estate by Local Authorities.