UK economy shrank unexpectedly by 0.1% in January

1 month ago


Liz McKeown, ONS director of economic statistics, said: “The economy shrank a little in January but grew in the latest three months as a whole, with the overall picture continuing to be of weak growth.”

Construction and oil and gas extraction had a “weak month”, she said.

But this was partially offset by retail, particularly food shops, “as people ate and drank at home more”, she said.



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