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Chart of the Day: Surprising Britain

The UK economy has so far defied the popular expectations of a doom gloom scenario, especially after the referendum. This chart from Citi, shared by Soberlook.com shows to what extent the economy has defied the doomsayer…

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Chart of the Day: Surprising Britain
Chart courtesy: Citi, Soberlook.com

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The UK economy has so far defied the popular expectations of a doom gloom scenario, especially after the referendum. This chart from Citi, shared by Soberlook.com shows to what extent the economy has defied the doomsayers. Citi's economic surprise index has reached the highest level in almost three years.

Though this performance isn't ensured to continue, it can be said that the most analysts and economist were wrongfooted in their expectations and the economy may evolve in a totally unpredicted manner.

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