FocusEconomics UK post-Brexit Economic Outlook 2016
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The economic analysts that participated in our latest FocusEconomics survey on the UK economy have slashed their forecasts for 2016 and now project 1.4% growth—a cut of 0.5% from the pre-Brexit estimate last month. Analysts have also revised down their forecasts for 2017 as the fallout from the Brexit will continue to be felt. The FocusEconomics Consensus Forecast expects the UK economy to grow 0.3% in 2017, a massive 1.8% downward revision from the 2.1% expansion projected last month.
