© Reuters. People walk past a shop offering Black Friday sales in Manchester, England, on November 26, 2022. Photo: Phil Noble-Roy
LONDON (Reuters) – Data from the Office for National Statistics showed on Friday that Britain’s gross domestic product rose 0.1 percent in November.
Economists polled by Reuters had forecast GDP falling 0.2 percent in November compared to October.
Friday’s data also showed that in the three months to the end of November, the economy contracted 0.3%, the same rate as the Reuters poll had predicted.
The British economy contracted in the three months to the end of September, and a decline in output in the three months to December 31 would be considered a recession.
(Prepared by Rehab Alaa for the Arabic Bulletin – Edited by Suha Jadu)
