The UK economy grew slightly in November The possibility of a recession in the second half of last year remains

WendyCS

2024-01-12 07:53:17

Sina Financial News The British economy rebounded moderately in November and still faces a technical recession. The Office for National Statistics (ONS) reported that gross domestic product (GDP) grew 0.3% month-on-month in November, reversing a 0.3% decline in October. Economists had expected a 0.2% increase. This means that the economy will need to be at least flat in December to avoid a contraction for the entire quarter, which was weighed down by wet weather and doctors’ strikes.

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