UK economy shrank by 0.1% in April as Iran war held back growth
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KEY POINTS
- GDP hit by higher energy prices caused by Middle East conflict, after 0.3% rise in March The UK economy contracted by 0.1% in April as the Iran war began to take its toll on growth, official figures show.
- As energy prices have risen as a result of the conflict, after Iran closed off the strait of Hormuz – a vital shipp
GDP hit by higher energy prices caused by Middle East conflict, after 0.3% rise in March The UK economy contracted by 0.1% in April as the Iran war began to take its toll on growth, official figures show. As energy prices have risen as a result of the conflict, after Iran closed off the strait of Hormuz – a vital shipp
Read the full story at The Guardian →Summary & AI Take by CryptoTradeSignals — automated analysis, not financial advice. Full reporting belongs to The Guardian.
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