QoQ

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.

See also

• Bank of England
• COVID-19
• Gross domestic product (GDP)
• MoM
• Monetary Policy Committee
• MPR
• Q1
• YOY
• YTD