UK Only G7 Country Expected To Fall Into Recession In 2023
February 02, 2023 at 04:15 AM EST
The United Kingdom is expected to be the only G7 country to fall into recession in 2023, according to the latest estimates of the International Monetary Fund. As Statista’s Anna Fleck details, annual GDP is set to contract some 0.6 percent in the coming year, predominantly due to higher taxes, rising interest rates and the […] Source