UK Economy Defies Recession Fears with Surprise Q4 Growth

25.02.13

The British pound strengthened to $1.25155 after unexpected GDP growth of 0.1% in Q4 2023, defying economists’ predictions of a contraction. However, analysts caution that the growth was primarily driven by volatile inventory changes, while key economic indicators like household consumption and business investment remained flat or negative, suggesting underlying…

Share This Article

Choose Your Platform: Facebook Twitter Linkedin