RSS UK economy contracts -0.1% mom in Oct, dragged down by weak production

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 RSS UK economy contracts -0.1% mom in Oct, dragged down by weak production

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UK GDP fell by -0.1% mom in October, disappointing expectations for 0.1% mom growth. The decline was primarily driven by a -0.6% mom contraction in production output, with no growth observed in services and a -0.4% mom decline in construction output. On a rolling three-month basis, GDP showed a marginal increase of 0.1% in the […]

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