Quote: Juan Cornetto "You missed off the following heading from your copy of the published graph
“Economy grows by 0.5% in Q1 2011”
'"
I didn't miss it off, I probably just blinked and missed it altogether.
Even accepting and adjusting (after we had the wrong type of snow) the final quarter figure would have shown 0% 'growth' and then followed by 0% 'growth' for the first quarter of 2011. No/poor growth with inflation rocking up to 5% - stagflation is back, haven't needed that term for a while.
What happened to the recovery that was in evidence when the coalition took office? It appears to be stalling as the OBR, OECD and BOE revise their forcasts down for this year and next still further.
