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UK economy grows 0.1% in November

London, The UK economy achieved “unexpected” growth in November 2022, which reduces the risk of the country entering a stage of economic recession, according to analysts.The British National Statistics Office Friday said the British economy recorded a …

London, The UK economy achieved “unexpected” growth in November 2022, which reduces the risk of the country entering a stage of economic recession, according to analysts.

The British National Statistics Office Friday said the British economy recorded a growth of 0.1 per cent in November, as the services sector continues to grow despite the cost of living increase.

The Office added that the percentage represents a decrease from the GDP growth rate achieved in October, which amounted to 0.5 per cent.

Source: Jordan News Agency