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UK economy contracted by 0.1% in Q3 By Reuters

ReutersBy ReutersDecember 22, 2023No Comments1 Min Read

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UK economy contracted by 0.1% in Q3
© Reuters. FILE PHOTO: Folks stroll over London Bridge taking a look at a view of Tower Bridge within the Metropolis of London monetary district in London, Britain, October 25, 2023. REUTERS/ Susannah Eire/File Photograph

LONDON (Reuters) – Britain’s financial system contracted by 0.1% within the third quarter of 2023, in line with up to date official figures.

The Workplace for Nationwide Statistics had beforehand estimated that gross home product was flat within the July-to-September interval in contrast with the earlier three months.

Economists polled by Reuters had forecast one other studying of no quarterly development within the interval in Friday’s set of up to date information from the Workplace for Nationwide Statistics.

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