The UK economy shrank more than expected in July due to strike action taken by NHS workers, doctors and teachers – ONS data shows.
Wet weather also hit the construction and retail industries, the Office for National Statistics (ONS) said, causing the economy to contract by 0.5%.
The figures were worse than analysts had predicted and continue a trend of weak economic growth in the UK.
Blame the weather and strike action for the contraction
Office for National Statistics (ONS) for UK GDP as at 13th September 2023..
Production output fell by 0.7% in July 2023, after growth of 1.8% in June 2023.
The construction sector fell by 0.5% in July 2023, after growth of 1.6% in June 2023.
Not a recession, but the weather gets the blame for slowing up UK progress!