イギリス中銀予想 2020年経済成長率マイナス14%、失業率9%、過去300年で最悪の年に

Bank of England warns coronavirus crisis will see GDP slump nearly 30 PER CENT in the first half of this year and push the economy to worst recession for 300 YEARS

Bank of England has issued grim estimates for the coronavirus hit on economy
GDP expected to drop by 14 per cent this year, the biggest fall for 300 years
Unemployment likely to hit 9 per cent before falling back again more slowly
Here’s how to help people impacted by Covid-19

By James Tapsfield, Political Editor For Mailonline
Published: 07:33 BST, 7 May 2020
https://www.dailymail.co.uk/news/article-8295751/Bank-England-warns-UK-GDP-slump-14-CENT-year.html

UK GDP will slump by 14 per cent this year as coronavirus inflicts the worst recession for three centuries, the Bank of England warned today.

In a grim assessment, the Bank said the economy could shrink by nearly 30 per cent in the first half of this year before recovering some ground.

But the impact of the deadly disease will continue to be felt long afterwards. Unemployment could hit 9 per cent before falling back again.

The overall 14 per cent fall in output estimated for 2020 would be the biggest recession for more than 300 years.

The Bank says it believes there was a 3 per cent contraction in the first quarter, and sees GDP plummeting by an incredible 25 per cent in the current three month period, before finally clawing back some ground.

Announcing that interest rates have been kept on hold at a record low of 0.1 per cent, Governor Andrew Bailey said it was acting to ease the effects as much as possible and tried to strike a more optimistic tone by saying there would be limited economic 'scarring'.

But in another bleak sign this morning, former Chancellor Alistair Darling warned that the Bank might be too optimistic about the prospects for a quick recovery.

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