Rolling coverage of the latest economic and financial news, including the latest UK GDP report
Here’s ONS chief economist Grant Fitzner on this morning’s GDP report:
“The economy contracted a little over the three months to November, with widespread falls across manufacturing industries, which were partially offset by increases in public services, which saw less impact from strike action.
GDP bounced back in the month of November, however, led by services with retail, car leasing and computer games companies all having a buoyant month.
The longer-term picture remains one of an economy that has shown little growth over the last year.”
Continue reading…Rolling coverage of the latest economic and financial news, including the latest UK GDP reportHere’s ONS chief economist Grant Fitzner on this morning’s GDP report:“The economy contracted a little over the three months to November, with widespread falls across manufacturing industries, which were partially offset by increases in public services, which saw less impact from strike action.GDP bounced back in the month of November, however, led by services with retail, car leasing and computer games companies all having a buoyant month.The longer-term picture remains one of an economy that has shown little growth over the last year.” Continue reading…
