U.K. economy contracted in April amid high inflation - News Summed Up

U.K. economy contracted in April amid high inflation


The U.K. economy contracted in April, adding to a trend of sluggish growth as high inflation acted as a drag on activity. The U.K. gross domestic product shrunk 0.3% in April from the previous month, the Office for National Statistics said Monday. Economists polled by The Wall Street Journal expected a 0.1% increase.


Source: Wall Street Journal June 13, 2022 06:12 UTC



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