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ONS OFFICE: THE U.K. OBSERVES THE BIGGEST MONTHLY FALL IN GDP ON RECORD

Published On 15 Jun 2020 10:15 AM


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Highlights

  • Compared to the previous month, the GDP fell by 20.4%
  • Q1 GDP figures highlight the damage caused by the lockdown

According to the Office for National Statistics, in April, the U.K. observes the biggest monthly fall in GDP on record. Compared to the previous month, GDP fell by 20.4%. Analysts polled by Reuters expect a sharper contraction than the 18.4%. As compared to A....


Tags : UK Economy, Economy of UK, GDP, Office for National Statistics, corona virus pandemic,
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