UK GDP downward revision Fall for the first time in about 40 years Impact of new corona 8:19 on July 1
In the United Kingdom, the GDP from January to March, the gross domestic product, was revised for the first time in 40 years with the revised growth rate revised down to minus 2.2%.
The British Bureau of Statistics announced revised figures for GDP from January to March this year on the 30th.
As a result, the growth rate compared to the previous three months was actually minus 2.2%, which was revised downward by 0.2 points from the minus 2% of the preliminary figures for May.
This is because it was found that personal consumption was worse than the time of the preliminary value due to the spread of the new coronavirus infection, and the growth rate for three months is the first time in about 40 years since the third quarter of 1979. It became a depression.
Under such circumstances, the British government announced on the 30th that it will invest 5 billion pounds in infrastructure development such as construction of roads, hospitals and schools, or approximately 660 billion yen in Japanese yen, at the press conference Prime Minister Johnson said, `` You must not remain trapped in a crisis," he said, seeking to rebuild the economy and secure jobs.
However, the IMF = International Monetary Fund predicts that the UK's GDP for the year will be minus 10.2%, and there is concern that the economic downturn will continue.