Comment: Economy buckling under strain of interest rate increases
13 September 2023
The Office for National Statistics has reported that for July 2023, monthly real gross domestic product (GDP) is estimated to have fallen by 0.5%, following growth of 0.5% in June 2023. However, GDP increased by 0.2% in the three months to July 2023. Marcus Brookes, chief investment officer at Quilter Investors, looks at the...