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UK economy grows 0.7% in Q3 driven by services sector production

CNBC · ·by G4L

  1. 1The UK economy recorded a growth rate of 0.7% in the third quarter of this year.
  2. 2This matched the 0.7% economic growth forecast for Q3 by economists surveyed by Reuters.
  3. 3The UK economy showed a year-on-year growth rate of 1.9% for the three months ending in September.

So what's the key point?

The UK economy grew by 0.7% in the third quarter, which was exactly in line with expert expectations. This means the economy grew as much as predicted.

Source CNBC · View original ↗

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