BCC Monthly Economic Review - May 2022

BCC has publisheds the Monthly Economic Review for May. This briefing is BCC's analysis of the key domestic and international economic indicators for business. The review for May is available HERE.

This month's headlines:

  • UK GDP growth slowed sharply in February, amid declining industrial and construction output.
  • Retail sales in the UK fell sharply in March as inflation surged to 7%.
  • The IMF downgrades the outlook for the global economy as US GDP contracts in Q1.