Revised figures from the Office for National Statistics (ONS) on Thursday painted a grim picture for the UK economy, which was shown to have contracted by more than was initially estimated between July and September. Gross domestic product fell by a revised 0.3 percent in the third quarter of 2022, against the estimated 0.2 percent decline, as business investment performed worse than anticipated. Growth figures for the first half of 2022 were also revised down, with figures showing the UK mustered growth of just 0.6 percent in the first quarter and 0.1 percent in the second quarter. The ONS additionally reported that GDP is now estimated to be 0.8 percent below pre-pa
Hence then, the article about uk economy shrank more than predicted in third quarter was published today ( ) and is available onThe New Arab ( Kuwait ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( UK economy shrank more than predicted in third quarter )