2023-09-02 03:30:08
The British National Statistics Office announced that the growth of gross domestic product was revised, “and raised by 1.1 percentage points to reach an increase of 8.7%,” noting that growth had decreased less than expected in 2020, by 10.4% ( compared to 11% according to the previous estimate).
In a report, it was estimated that the gross domestic product was “0.6% higher than pre-pandemic levels” in the fourth quarter of 2021, while the Institute of Statistics had so far believed that it was 1.2 percent lower in that period. %.
The Office for National Statistics previously estimated that the UK economy would not return to its pre-Covid level until a few months ago in its monthly figures, not yet in terms of GDP.
In a related context, British Finance Minister Jeremy Hunt pointed out, in a statement on social media, that the British economy “in fact recorded greater growth compared to pre-pandemic levels, compared to Germany, France and Japan,” stressing that “the regressive rhetoric regarding Britain and its long-term prospects, is simply wrong.” “However, there are still many battles to be won, especially once morest inflation, in order to reduce the cost of living pressure on families,” he said.
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