Article 46RVX UK GDP growth slows to 0.3% as manufacturing stalls

UK GDP growth slows to 0.3% as manufacturing stalls

by
Richard Partington Economics correspondent
from Economics | The Guardian on (#46RVX)

New emission tests, Brexit fears and weak demand apply brakes to wider economy

The British economy slowed in the three months to November as car manufacturing went into reverse amid the broadest drop in industrial production since 2012.

In a sign of mounting weakness in the economy, with fewer than 80 days to go before Brexit, the Office for National Statistics said GDP growth cooled to 0.3%, down from a rate of 0.4% in the three months to October.

Gross domestic product (GDP) is a key government statistic and provides a measure of the UK's total economic activity.

Related: What are biggest risks to the global economy in 2019? | Kenneth Rogoff

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