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NIESR Sees High Risk Of Contraction In UK GDP

Por: RTTNews Business December 12, 2022

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Despite the monthly growth in the gross domestic product during October, the UK is likely to stagnate or shrink in the final quarter of this year, the National Institute of Economic and Social Research, or NIESR, said Monday. ONS data showed earlier on Monday that GDP grew 0.5 percent monthly in October, which was largely attributable to the weakness in September resulting from the additional bank holiday for the state funeral of HM Queen... + full article



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