Growth slump as rising prices slowed consumer spending, figures to show

Economists expect Office for National Statistics to confirm that first quarter growth fell to 0.3% from 0.7%

Consumers failed to propel the UK economy in the first quarter as rising prices dampened appetite for spending, official figures will show this week.

City economists believe the Office for National Statistics will confirm on Thursday that economic growth more than halved to 0.3% in the first three months of the year from 0.7% in the previous quarter.

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