QoQ: Difference between revisions
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imported>Doug Williamson (Create page. Sources: linked pages, Bank of England https://www.bankofengland.co.uk/-/media/boe/files/speech/2020/covid-19-and-monetary-policy-speech-by-michael-saunders.pdf?la=en&hash=02111FB09D7C30180137C228BB61E8C5447A84F9) |
imported>Doug Williamson (Layout.) |
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:<span style="color:#4B0082">'''''The economic impacts of Covid-19 to date'''''</span> | :<span style="color:#4B0082">'''''The economic impacts of Covid-19 to date'''''</span> | ||
:" In general, small firms are doing worse than large firms. | :"In general, small firms are doing worse than large firms. | ||
:In the May MPR, the MPC’s illustrative scenario showed Q2 GDP falling about 25% QoQ, a far bigger decline than any recorded previously. | :In the May MPR, the MPC’s illustrative scenario showed Q2 GDP falling about 25% QoQ, a far bigger decline than any recorded previously. | ||
Revision as of 18:02, 7 June 2020
Quarter on Quarter, particularly in the context of percentage growth or decline.
- The economic impacts of Covid-19 to date
- "In general, small firms are doing worse than large firms.
- In the May MPR, the MPC’s illustrative scenario showed Q2 GDP falling about 25% QoQ, a far bigger decline than any recorded previously.
- There are, of course, many uncertainties around this figure, but the picture of a dramatic fall in output is clear-cut."
- Michael Saunders, External Member of the Bank of England's Monetary Policy Committee (MPC), May 2020.
