UK economy avoids recession amid 0.1% growth

The level of real GDP in Quarter 4 2022 is now estimated to be 0.6% below where it was pre-coronavirus (COVID-19) at Quarter 4 2019

The UK economy narrowly avoided a recession during the fourth quarter (Oct-Dec) as UK GDP increased 0.1%, revised up from no growth, according to the latest data from the ONS.

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