UK's GDP falls 0.6%, production up by 0.2% in Sept 2022: ONS

The monthly GDP is now estimated to be 0.2 per cent below its pre-coronavirus (COVID-19) levels (February 2020).

Looking at the quarterly picture, GDP fell by 0.2 per cent in the three months to September 2022 compared with the three months to June 2022.

The wholesale and retail trade declined by 0.2 per cent, according to data released by the ONS.

Production of electricity, gas, steam, and air conditioning supply grew by 1.5 per cent and was the largest contributor to growth in production in September 2022.

ALCHEMPro News Desk (DP)