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U.Ok. October GDP Disappoints as Provide Chains, Rising Prices Hit Development, Vehicles By Investing.com


© Reuters.

By Catherine Reynolds

Investing.com — The British financial system grew by lower than anticipated in October, as provide chain points and sharply rising enter prices hit key sectors resembling automotive retail and building.

rose solely 0.1% in October, under a consensus forecast of 0.4% and down from 0.6% in September. The development sector contracted notably sharply, by 1.8%, the most important fall since April 2020.

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