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U.K. troubles grow as economy sees surprise slowdown in August

Por: MarketWatch Politics October 12, 2022

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The statistics agency said monthly GDP is now estimated to be at the same level as its pre-coronavirus levels in February 2020. The main contributor to the lackluster August number was a 1.8% annual drop in production, which followed a 1.1% drop in July — revised down from a decline of 0.3%. Services slipped by 0.1%, following growth of 0.3% in July — revised down from 0.4% growth. Construction grew 0.4% in August and output in... + full article



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