Wednesday, February 8, 2023

UK economy grew slower than expected in July

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A bank holiday impacts growth because there are fewer people at work. Philip Shaw, chief economist at Investec, told the Times: “It is quite possible that you get a contraction over the month as a whole, which results in the economy getting smaller over the quarter.”

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Disclaimer: This story is generated from RSS Feed and has not been created or edited by Waba News. Publisher: BBC News

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