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UK economy rebounds stronger than expected in November

Cover Image for UK economy rebounds stronger than expected in November

The Office for National Statistics said GDP increased 0.3% from October, beating an analyst consensus forecast for growth of 0.1%.

LONDON: Britain’s economy grew more than expected in November, official data showed Thursday, handing a boost to the Labour government after recent weak figures.

Gross domestic product increased 0.3% from the previous month, the Office for National Statistics said, beating an analyst consensus forecast for growth of 0.1%.

GDP had fallen 0.1% in October, the ONS confirmed, adding that September saw slight growth after it had initially reported a contraction for that month.

Tags:borrowing costscost livingeconomic dataGDP growthinflation controlLabour governmentNovember GDPONS reportservices sectorUK economy


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