Hey there, curious minds! 📊 Guess what? The UK's economy just hit the pause button in the third quarter! 😮 According to the latest figures from the Office for National Statistics (ONS), the economic output showed zero growth between July and September.
Back in November, the ONS had estimated a tiny growth of 0.1% for this period. But now, the revised data says otherwise. 🤷♂️ So, what's up with that?
With factors like global uncertainties, inflation pressures, and post-pandemic challenges, the UK's economic engine seems to be catching its breath. 😬
This news has everyone wondering: What's next for the UK economy? Will it bounce back or stay in chill mode for a while? Stay tuned! 🔍
Source: Office for National Statistics (ONS)
Reference(s):
cgtn.com
