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UK Economy Shrinks In October

Por: RTTNews Business December 13, 2023

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The UK contracted in October on widespread declines across services, production and construction sectors, the Office for National Statistics reported Wednesday. Gross domestic product unexpectedly shrank 0.3 percent in October, partially offsetting growth of 0.2 percent in September. GDP was expected to remain flat.Services output fell 0.2 percent driven by a fall in information and communication. This followed a 0.2 percent rise in... + full article



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