Fitch sees UK recovery stalling in first half of 2021

The US-based Fitch Ratings, in its latest report, revised down the UK GDP forecasts for 2021.
Additional takeaways
“UK GDP 2021 forecast by around 2 percentage points relative to the smooth Free Trade Agreement (FTA) transition.”
“See the UK recovery stalling in the first half of 2021.”
“Now assume that the UK-EU trade will move to the World Trade Organization (WTO) terms in January.”
Author

Dhwani Mehta
FXStreet
Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

















