Zero growth also underlines impact of inflation on consumer spending and business activity
Analysis: UK economy continues sideways drift with no sign of upliftBusiness live – latest updates
The UK economy flatlined between July and September, compared with the previous three months, as the impact of high interest rates and inflation weighed on consumers and businesses.
Zero growth in gross domestic product in the third quarter followed 0.2% growth in the second quarter, the Office for National Statistics said.
About Author
More Stories
Bodies recovered from illegal goldmine in South Africa where many feared dead
‘TARIFFS all the way!!!’: EU mulls carrots and sticks to counter Trump on trade
Italy seeks to protect restaurants and hotels from fake and paid-for reviews