British Economy Contracts More Than Expected in April

The UK’s Office for National Statistics released data on Thursday showing that the British economy contracted more than anticipated in April. The GDP fell by 0.3%, worse than the expected 0.1% decline and a reversal from the 0.2% growth recorded in March. This indicator measures the inflation-adjusted value of all goods and services produced by the UK, serving as a broad measure of economic activity and a key gauge of economic health.
— new from (المتداول العربي)

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