Unexpected Contraction: Britain's Economy Shrinks
Britain's economy experienced an unexpected contraction of 0.1% from August to October 2025. Official data revealed a surprising drop, contradicting economists' forecasts of stagnation. October's single-month GDP also fell by 0.1%, defying expectations for growth. Such figures are often volatile and may undergo revisions.
- Country:
- United Kingdom
In a surprising turn of events, Britain's economy contracted by 0.1% in the three months leading up to October 2025, according to official statistics released on Friday. This downturn defied forecasts, as economists anticipated no change in the country's gross domestic product for the August-October period.
Single-month data revealed a further contraction in October, as the economy shrank by 0.1%, clashing with expectations of a 0.1% growth. These figures, provided by the Office for National Statistics, highlight the volatile nature of short-term economic reporting, prone to future adjustments.
The unexpected economic dip has raised concerns about the trajectory of Britain's financial health, marking a significant deviation from anticipated trends amid ongoing global economic challenges.
(With inputs from agencies.)
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