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OECD upgrades UK economic forecast despite persistent inflation pressures
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investmentweek.co.ukIn its latest economic outlook published on Wednesday (25 September), the OECD said UK GDP is now expected to grow by 1.1% in 2024 and 1.2% in 2025, up 0.7 and 0.2 percentage points, respectively, from the predictions made in its previous outlook published in May. Meanwhile, interim projections put the headline inflation figure at 2.7% for 2024, with that number set to further decline to 2.4% in 2025. The headline figure for inflation for 2024 remained unchanged from May, while the data for 2025 has marked a slight increase of 0.1 percentage points from previous expectations. UK ec...
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