UK Q2 GDP growth falls below 0.2% due to Iran war effects

Market overview

The Iran war is expected to weigh on UK economic activity in Q2 2024, reversing March's front-loaded spending. Forecasts suggest GDP growth will dip below 0.2% as energy and food prices rise, reducing disposable income.

macro prediction market

Implied probability (Yes)

70%

Source: user-generated

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