The December Omicron wave caused services to contract equal to 0.41% of GDP while everything else grew, so in reality a 0.2% December contraction. We are at pre-pandemic levels but 0.4% below q4 2019.
Must of been that free trade agreement with us 💪
It did not expand, it recovered 7.5% from an earlier collapse.
After a 9% drop the year before.
Thus we are still down, and haven’t “expanded” anything.
Congrats!
compared to what?…2020?
Well done UK
Expanded, or experience inflation that made the existing numbers look bigger?
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After a 9.4% collapse in 2020. Context.
The fried chicken boom.
The December Omicron wave caused services to contract equal to 0.41% of GDP while everything else grew, so in reality a 0.2% December contraction. We are at pre-pandemic levels but 0.4% below q4 2019.
Must of been that free trade agreement with us 💪
It did not expand, it recovered 7.5% from an earlier collapse.
After a 9% drop the year before.
Thus we are still down, and haven’t “expanded” anything.
Congrats!
compared to what?…2020?
Well done UK
Expanded, or experience inflation that made the existing numbers look bigger?