The Mudcat Café TM
Thread #162855   Message #3886704
Posted By: Nigel Parsons
04-Nov-17 - 06:40 AM
Thread Name: BS: Post Brexit life in the UK
Subject: RE: BS: Post Brexit life in the UK
Knock it off, Nigel. I gave you statistics from a reliable source, which I mentioned, that was thoroughly easy to check. Your insinuation that I was in some way trying to pull the wool over anyone's eyes over those figures is an absolute disgrace. The insecurity lies entirely with you, as you know that the figures give an accurate picture of the current situation regarding the UK and EU economies.
If we accept the figures, you still fail to respond to the meaning (at least one of the possible meanings) that I showed, based on those figures:

Eurostat estimated on Tuesday that the collective GDP of the 19 states of the single currency area grew by 0.6 per cent in the three months to September, faster than the 0.4 per cent growth registered by the UK over the same period.
This follows eurozone GDP growth of 0.7 per cent in the second quarter, when the UK grew by just 0.3 per cent, also the weakest rate in the G7.

Okay, taking those figures as accurate:
Rate of Eurozone growth is falling (from 0.7% to 0.6%) quarter on quarter.
Rate of UK growth is increasing (from 0.3% to 0.4%) quarter on quarter.
If this were to continue (and I make no claim that it will) which is going to show to be the stronger economy?