UK Q4 final GDP -0.3% vs -0.3% q/q prelim

  • Latest data released by ONS - 28 March 2024
  • Prior -0.1%
  • GDP -0.2% vs -0.2% y/y prelim
  • Prior +0.2%

No changes to the initial estimates as the UK economy contracted in the final quarter of last year. It confirms a technical recession in the second half of 2023. But at least that slump is offset by improving conditions to start Q1 this year.

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