UK Economy Shrinks Another 0.4 Percent

For the first time since Gross Domestic Product (GDP) figures were first recorded in 1955, Britain’s economy suffered its sixth consecutive quarter of declining growth, falling another 0.4 percent from July to September. Since the beginning of the recession, the economy has contracted a total of 5.9 percent.

BBC News

Content is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please access the RSS feed or contact us at info@marketpulse.com. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © 2023 OANDA Business Information & Services Inc.