OECD Raises 2019 UK GDP Growth Forecast From 1.2% To 1.4%

OECD Raises 2019 UK GDP Growth Forecast From 1.2% to 1.4%

BRUSSELS (UrduPoint News / Sputnik - 21st November, 2018) The Organisation for Economic Co-operation and Development (OECD) expects the UK GDP growth to reach 1.4 percent in 2019, compared to 1.2 percent expected in September report, according to the organization's report issued Wednesday.

The country will leave the European Union in March of the next year.

The 2018 UK GDP growth is expected to remain the same at 1.3 percent, while in 2020 it is expected to be at 1.1 percent.