The UK economy contracted more in the third quarter than originally thought

The UK economy shrank more-than-expected between July and September, and growth was weaker than expected for much of last year, according to dismal official figures, as the UK is widely expected to head towards a recession.

The Office for National Statistics (ONS) said gross domestic product (GDP) fell by a revised 0.3 percent in the third quarter of 2022, from the originally estimated 0.2 percent contraction.

https://www.independent.ie/business/world/uk-economy-contracted-by-more-than-first-thought-in-third-quarter-42237559.html The UK economy contracted more in the third quarter than originally thought

Fry Electronics Team

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