The good news is that the 2.9% m/m fall in GDP during January’s COVID-19 lockdown will probably be the low point for the year. The bad news is that while the plunges in exports and imports weren’t entirely due to Brexit, they increase the chances that Brexit will have a longer lasting influence on trade flows.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to gain:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services