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UK Economy Experienced Zero Growth In April-Data

POSTED ON June 12, 2024 •   GLOBAL NEWS      BY Abiodun Saheed Omodara
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Preliminary data from the Office for National Statistics indicates that the UK economy experienced zero growth in April, following a 0.4 per cent rise in March.

A Reuters survey of economists had predicted this lack of growth, citing the adverse effects of wet weather on retail sales and construction output.

The latest GDP update from the ONS, just before the election, showed that the rainfall in April was 155% higher than the average over the long term.

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