U.K. GDP Slows in Fourth Quarter as Brexit Uncertainty Weighs

15 Şubat 2019

The British economy slowed by more than expected in the fourth quarter, with the annualized reading dropping to its weakest level in six years, amid uncertainty over the U.K.’s pending departure from the European Union. In a report, the Office for National Statistics (ONS) said gross domestic product expanded by a seasonally adjusted 0.2% in the October to December period. That was below forecasts of a 0.3% rise and compared to growth of 0.6% in the third quarter. Year-over-year, UK economic growth expanded 1.3% in the fourth quarter, its weakest growth since the second quarter of 2012 and also below estimates for growth of 1.4%. The British economy grew 1.6% in the third quarter. (11.02.2019)
Source: Investing
Post by : Republic of Turkey Ministry of Trade