{"id":35240,"date":"2020-10-09T12:04:02","date_gmt":"2020-10-09T08:04:02","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=35240"},"modified":"2020-10-09T12:04:04","modified_gmt":"2020-10-09T08:04:04","slug":"the-british-economy-grew-by-2-1-in-august-but-below-expectations","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/the-british-economy-grew-by-2-1-in-august-but-below-expectations\/10\/09\/market-updates\/","title":{"rendered":"The British Economy Grew by 2.1% in August, But Below Expectations"},"content":{"rendered":"\n<p>The UK economy grew by 2.1% in August M-o-M, as the country&#8217;s gradual recovery from the coronavirus crisis continued, albeit at a slightly slower pace.<\/p>\n\n\n\n<p>Estimated growth in UK gross domestic product for the month of August was below expectations, with economists in a Reuters poll forecasting 4.6% monthly growth.<\/p>\n\n\n\n<p>The country&#8217;s exit from lockdown measures in the last month has also paved the way for recovery in many sectors of the economy, but cases of Covid-19 have grown significantly in recent weeks as a second wave appears to be underway.<\/p>\n\n\n\n<p>The British government imposed ten o&#8217;clock in the evening Curfews on bars and restaurants across the UK, with further restrictions expected in the coming weeks.<\/p>\n\n\n\n<p>As of Friday morning, the UK had confirmed 564,502 cases and 42,682 deaths, according to data compiled by Johns Hopkins University.<\/p>\n\n\n\n<p>On September 24, British Finance Minister Rishi Sunak announced a new emergency package of measures to contain unemployment<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The UK economy grew by 2.1% in August M-o-M, as the country&#8217;s gradual recovery from the coronavirus crisis continued, albeit at a slightly slower pace. Estimated growth in UK gross domestic product for the month of August was below expectations, with economists in a Reuters poll forecasting 4.6% monthly growth. The country&#8217;s exit from lockdown &hellip;<\/p>\n","protected":false},"author":9,"featured_media":31895,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[36],"tags":[6835],"class_list":["post-35240","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-market-updates","tag-uk"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/35240","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=35240"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/35240\/revisions"}],"predecessor-version":[{"id":35241,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/35240\/revisions\/35241"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/31895"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=35240"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=35240"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=35240"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}