UK economy shrinks unexpectedly as GDP falls 0.1% – what it means for your money …C0NTINUE READING HERE>>>
THE UK unexpectedly economy shrank in October, latest figures from the Office for National Statistics (ONS) show.
The ONS said gross domestic product (GDP) contracted 0.1% in October.
Most economists had been expecting GDP to rise by 0.1% during the month.
However, production output fell by 0.6% last month and was the largest contributor to the overall fall in GDP in the month.
Construction fell by 0.4%, while services showed no growth.
Liz McKeown, the ONS’s director of economic statistics,…
UK economy shrinks unexpectedly as GDP falls 0.1% – what it means for your money …CLICK HERE TO C0NTINUE READING >>>