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UK economy returns to growth

March 13, 2024

Via: Sky News

The measure of everything produced in the UK – a metric called gross domestic product (GDP) – rose 0.2%, the Office for National Statistics (ONS) said.

It’s the first official economic growth announcement since a recession was declared last month as there were two successive three-month periods of negative economic growth.

When looked at over a three-month period, GDP fell 0.1% up to January, compared to the three months to October, showing the economy is still struggling.

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