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UK Economy Shrinks In Q3

Por: RTTNews Business December 22, 2023

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The UK contracted in the third quarter due to the fall in the service sector, revised data from the Office for National Statistics showed on Friday.Gross domestic product shrank 0.1 percent sequentially in the third quarter, which was revised down from the flat growth estimated initially. The ONS also revised the second quarter GDP to show no growth from a previously estimated increase of 0.2 percent.In output terms, data showed that there was a... + full article



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