"/>

无码少妇一区二区三区免费,妓院一钑片免看黄大片,国语自产视频在线,亚洲AV成人无码国产一区二区,激情久久综合精品久久人妻,日韩免费毛片,综合成人亚洲网友偷自拍,国内自拍视频在线观看,欧美熟妇性xxxx交潮喷,国产成人精品一区二免费网站

British economy in doldrums as Brexit effect, bad weather depress activity

Source: Xinhua    2018-05-26 03:33:49

LONDON, May 25 (Xinhua) -- The British economy is now growing at the slowest rate for six years, with revised first quarter figures hit by uncertainty over Brexit and bad weather.

Figures from the Office of National Statistics (ONS) released on Friday show growth rate at 0.1 percent in the first quarter, down from the 0.4 percent quarter-on-quarter growth seen at the end of 2017.

While exceptional bad weather was responsible for reduction in activity in some sectors, such as construction and tourism, it was also behind a boost in others, for instance power supply.

Services output growth slowed to 0.3 percent, particularly hit by a 0.1 percent quarter on quarter contraction in distribution, hotels and catering.

Friday's data was the first revision of first quarter data, and showed that construction output had slumped by 2.7 percent over the quarter.

"The construction sector clearly took a substantial hit from the severe weather at the end of February and first half of March, but the weakness in the sector looks to have run deeper as output also fell sharply in January," said Howard Archer, chief economic adviser to economic analysts EY ITEM Club.

"The extent of the slowdown suggests there was an underlying loss of momentum in economic activity," Archer told Xinhua.

Growth over the year to the end of March slowed to 1.2 percent, following a declining trend throughout 2018 which has seen annualized growth fall from 2.1 percent in the first quarter of 2017, to 1.8 percent in the third and 1.4 percent in the fourth.

The manufacturing sector has benefitted from weak sterling, a result of the markets devaluing the pound in the wake of the Brexit referendum vote in June 2016, but the strong stimulus this gave to exports now appears to be waning.

Manufacturing output growth slowed to 0.2 percent quarter-on-quarter after robust expansion through the second half of 2017.

"It may be that the boost to the manufacturing sector from a competitive pound and robust global growth has waned," said Archer.

"The pound has firmed overall and there are signs that economic activity has come off its highs in some overseas markets, notably the eurozone."

Uncertainties over the Brexit outcome are also weighing on consumers and on businesses, but some resolution of these uncertainties as further exit details are agreed and revealed will give a clearer guidance for decision-makers over the rest of this year.

"The agreement on a Brexit transition arrangement should be supportive to business investment, although the upside is likely to be limited by ongoing uncertainties over the long-term future trade relationship between Britain and the European Union," said Archer.

But he warned that there was "also a downside risk" to business investment if ratification of the transition arrangement becomes problematical.

Lee Hopley, chief economist at EEF, the manufacturers' representative organization, said that "the forces of Brexit uncertainty" as well as indications of weaker consumer spending and weakening growth in export markets meant that it was "hard to see what will spur some renewed momentum in the economy over the next couple of quarters."

Editor: Yurou
Related News
Xinhuanet

British economy in doldrums as Brexit effect, bad weather depress activity

Source: Xinhua 2018-05-26 03:33:49

LONDON, May 25 (Xinhua) -- The British economy is now growing at the slowest rate for six years, with revised first quarter figures hit by uncertainty over Brexit and bad weather.

Figures from the Office of National Statistics (ONS) released on Friday show growth rate at 0.1 percent in the first quarter, down from the 0.4 percent quarter-on-quarter growth seen at the end of 2017.

While exceptional bad weather was responsible for reduction in activity in some sectors, such as construction and tourism, it was also behind a boost in others, for instance power supply.

Services output growth slowed to 0.3 percent, particularly hit by a 0.1 percent quarter on quarter contraction in distribution, hotels and catering.

Friday's data was the first revision of first quarter data, and showed that construction output had slumped by 2.7 percent over the quarter.

"The construction sector clearly took a substantial hit from the severe weather at the end of February and first half of March, but the weakness in the sector looks to have run deeper as output also fell sharply in January," said Howard Archer, chief economic adviser to economic analysts EY ITEM Club.

"The extent of the slowdown suggests there was an underlying loss of momentum in economic activity," Archer told Xinhua.

Growth over the year to the end of March slowed to 1.2 percent, following a declining trend throughout 2018 which has seen annualized growth fall from 2.1 percent in the first quarter of 2017, to 1.8 percent in the third and 1.4 percent in the fourth.

The manufacturing sector has benefitted from weak sterling, a result of the markets devaluing the pound in the wake of the Brexit referendum vote in June 2016, but the strong stimulus this gave to exports now appears to be waning.

Manufacturing output growth slowed to 0.2 percent quarter-on-quarter after robust expansion through the second half of 2017.

"It may be that the boost to the manufacturing sector from a competitive pound and robust global growth has waned," said Archer.

"The pound has firmed overall and there are signs that economic activity has come off its highs in some overseas markets, notably the eurozone."

Uncertainties over the Brexit outcome are also weighing on consumers and on businesses, but some resolution of these uncertainties as further exit details are agreed and revealed will give a clearer guidance for decision-makers over the rest of this year.

"The agreement on a Brexit transition arrangement should be supportive to business investment, although the upside is likely to be limited by ongoing uncertainties over the long-term future trade relationship between Britain and the European Union," said Archer.

But he warned that there was "also a downside risk" to business investment if ratification of the transition arrangement becomes problematical.

Lee Hopley, chief economist at EEF, the manufacturers' representative organization, said that "the forces of Brexit uncertainty" as well as indications of weaker consumer spending and weakening growth in export markets meant that it was "hard to see what will spur some renewed momentum in the economy over the next couple of quarters."

[Editor: huaxia]
010020070750000000000000011100001372069641
精品人妻中文无码av在线| 日本www一道久久久免费榴莲| 亚洲夂夂婷婷色拍ww47| 五月婷婷深开心五月天| 2020国产欧洲精品网站| 丰满人妻无奈张开双腿av| 国产伦精品一区二区三区视频优播 | 国产精品麻豆成人av电影艾秋| 九九热在线视频观看精品| 性欧美暴力猛交69hd| 成全影院电视剧在线观看| 国产成人精品午夜福利在线观看| 欧美视频九九一区二区 | 饥渴少妇高潮正在播放| 日本一区二区视频免费在线播放| 国产乱人伦偷精品视频免| 香蕉久久夜色国产精品| 日韩精品一区二区三区swag| 老司机性色福利精品视频| 在线国产毛片| 99久久无码私人网站| 亚洲熟妇成人精品一区| aaa午夜级特黄日本大片| 亚洲精品一二三四区| 欧美国产精品啪啪| 久久频这里精品99香蕉| 亚洲人成电影网站色mp4| 91啪在线| 亚洲精品国产自在现线最新| 国产中文99视频在线观看| 中文字幕日韩亚洲精品| 中文字幕一区二区不卡视频| 亚洲综合小说另类图片五月天| 色综合色国产热无码一| 青青草一区| 精品自拍偷拍一区二区| 亚洲国产人成自久久国产| 国产AV无码专区亚洲AV漫画| 国产又黄又爽又不遮挡视频| 樱桃视频高清免费观看在线| 久久国产伦子伦精品|