Discussion paper No.3 Brexit and the OBR's forecasts

Press quote (Office for Budget Responsibility)
11 October 2018

The Centre for European Reform found that cumulative UK growth was lower by 2.5 percentage points between the second quarter of 2016 and the second quarter of 2018 than the comparator. Born et al (2018) found that the shortfall in GDP growth was 2.0 percentage points over the same period.2 It is noteworthy that the estimates are broadly similar, despite the composition of the doppelgangers differing significantly.