We look at what new GDP and labour market statistics tell us about the economy.
23 Nov 2023, 5 min read
The UK economy grew by 0.2% in September, building off a 0.1% expansion in August as rising output in services and construction boosted overall activity. But a poor start to the quarter saw GDP flat through Q3, following mildly positive growth in the first half of the year. The latest labour market data, though limited in scope (see below), points to a continued softening, with vacancies falling and signs that wage pressures may have peaked. But overall the labour market remains
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