HomeAbout

TL;DR CNBC


Recession-hit Britain swings to economic growth in January, helped by construction bounce - TL;DR CNBC

Recession-hit Britain swings to economic growth in January, helped by construction bounce

Publishing timestamp: 2024-03-13 06:14:09


Summary

U.K. GDP grew 0.2% in January, with construction output jumping more than expected. Despite some positive signs, overall GDP still shrunk compared to the previous year. Economists are cautiously optimistic about a gradual recovery in the coming months.


Sentiment: MIXED

Tickers: GBP=EUR=.DXY

Keywords: dxy us dollar currency indexeconomyeur/usdworld economygbp/usdbusiness newsbreaking news: economy

Source: https://www.cnbc.com/2024/03/13/uk-economic-growth-january-2024.html


Developed by Leo Phan