Here comes recession! News today that the UK economy shrank between July and September. GDP in the UK fell by 0.6% in September. This was affected by the state funeral for the Queen. The UK has seen an actual drop in GDP (of 0.2%) in the 3rd quarter of 2022. Indeed, the UK is the only country in the G7 where the economy is shrinking.

#shorts #ukeconomy #recession #gdp #tutor2ueconomics #macroeconomics

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