The zero progress recorded within the third quarter of this 12 months was revised down from a beforehand introduced enhance of 0.1% for a similar time period, in keeping with the Workplace for Nationwide Statistics.
Rise in UK inflation ‘unwelcome’ forward of BoE rate of interest assembly
The slowdown in financial progress was exacerbated by a 0.4% fall in manufacturing, whereas the nation’s providers sector marked no progress in quarterly output.
In the meantime, the development sector recorded 0.7% progress in output.
In keeping with the ONS, early estimates point out that actual GDP per head fell by 0.2% in Q3 2024, 0.2%…
