UK economy shrank by 0.1% in April
The UK economy experienced a 0.1% contraction in April, primarily driven by a decline in the services sector. This follows a period of stronger growth in March, with the three-month trend showing a 0.7% increase.
Why it matters
Economic data points like this are critical for assessing the health of the UK economy and informing future monetary policy decisions.
Share Save Add as preferred on Google Emer Moreau Business reporter Getty Images The UK s economy contracted by 0.1% in April, the latest official data has shown.
The report relies on official ONS data and provides a neutral summary of economic performance.
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