Economic activity will grow by 4.8% in 2022, after growing 7.3% in 2021. Those are historically very large numbers – the highest since the Second World War (1941) But they come after an almost unprecedented fall of 9.4% in 2020. For the first time in two years, our forecast is really starting to look at the post-Covid economy.
Key learning objectives:
Understand how high the inflation is expected to go
Understand the rising cost of living in the UK
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