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UK economy unexpectedly shrank by 0.1% in January

2025-03-14 09:29:13       source:CNBC

March 14, 2025


The U.K.’s economy unexpectedly shrank by 0.1% month-on-month in January, official figures showed on Friday.


Britain’s Office for National Statistics said the fall was mainly due to a contraction in the production sector.


Economists polled by Reuters had expected the country’s GDP to grow by 0.1%.


Read more:

https://www.cnbc.com/2025/03/14/uk-monthly-gdp-data-for-january.html