It is reported that the UK"s GDP fell by 20.4% in April.
Does that mean a 20.4% drop over the previous month (March 2020) or the equivalent month in the previous year (April 2019)?
Looking for a factual answer, not any comments on the fall itself please.
Many thanks in advance.
Gostevie
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GDP Fall
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Direct questions and answers, this room is not for general discussion please
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PinkDalek
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Re: GDP Fall
Gostevie wrote:It is reported that the UK"s GDP fell by 20.4% in April.
Does that mean a 20.4% drop over the previous month (March 2020) or the equivalent month in the previous year (April 2019)?
Looking for a factual answer, not any comments on the fall itself please.
Looks like month on month:
Monthly gross domestic product (GDP) fell by 20.4% in April 2020, the biggest monthly fall since the series began in 1997.
https://www.ons.gov.uk/economy/grossdom ... april-2020
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UncleEbenezer
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Re: GDP Fall
Gostevie wrote:Looking for a factual answer, not any comments on the fall itself please.
Supplementary questions would be:
Is there a significant difference between the candidate figures?
How is it affected by which month in a particular year the Easter break falls into?
Is it normalised for the Easter break?
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