CoinGape
2022-10-12 12:16:01

UK GDP Shrinks Unexpectedly, Recession Alarm Goes Off

In an unexpected turn, the UK’s GDP has shrunk by 0.3%. The monthly estimates revealed by the Office of National Statistics reveal an MoM change of -0.3% in August. The GDP was expected to be at 0% MoM change. The worse-than-expected GDP is increasing the fear of recession in the economy. The GDP in the The post UK GDP Shrinks Unexpectedly, Recession Alarm Goes Off appeared first on CoinGape.

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