The International Monetary Fund (IMF) has increased its growth forecast for the British economy to 0.1 points.
The International Monetary Fund (IMF) has increased its growth forecast for the British economy from 1.1 % to 1.2 %. 2025 for British IMF economy. According to the article, the country's economy has undergone the recovery process after slowing down in the second half of 2024. In this context, the IMF has increased the growth forecast for the British economy this year from 1.1 % to 1.2 %. However, it is emphasized that weak production continues to put pressure on long -term growth expectations. According to IMF, uncertainty due to global trade tensions, slow economic activities in the United Kingdom's trade partners and the direct impact of the US tariffs, the Economic growth of the United Kingdom will decrease by 0.3 % until 2026 and the increase in the growth of the United Kingdom. The uncertainty of global trade can create additional pressure for the development of England by weakening the global economic activity, breaking the supply chain and destroying private investments. Inflation will last until the second half of this year, while the acceleration is seen in inflation in recent months will last until the second half of this year and inflation will return to 2 % targeted by the end of 2026. IMF thinks that the Central Bank of the United Kingdom to maintain a gradual relaxation policy. Annual inflation has exceeded expectations with 3.5 percent in April. The expectation that inflation will be 3.3 percent. Inflation is 2.6 percent every year in March.