[Sephiroth]

Originally Posted by jfman

Your comparison doesn’t baseline 100%.

Your flawed interpretation implies that if one economy has 10% growth and another 9% less growth its “91%” of that growth.

100-110
100-109.1

When commentators use 9% less its baselined. So rather than 110% of the original size they mean 101%, or just 10% of the growth experienced elsewhere.

<SNIP>

I'd better concede your point having re-examined the BBC graph. It headlines that the graph shows the impact on "UK growth; this was the basis of my postulation.

The text of the graph refers to the "impact on GDP" which is a different metric. On that basis, you are right.