{"id":77424,"date":"2022-12-22T12:27:07","date_gmt":"2022-12-22T08:27:07","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=77424"},"modified":"2022-12-22T12:27:09","modified_gmt":"2022-12-22T08:27:09","slug":"britains-economic-growth-slowed-to-1-9-in-the-third-quarter-of-2022-on-an-annual-basis","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/britains-economic-growth-slowed-to-1-9-in-the-third-quarter-of-2022-on-an-annual-basis\/12\/22\/market-updates\/","title":{"rendered":"Britain&#8217;s economic growth slowed to 1.9% in the third quarter of 2022 on an annual basis"},"content":{"rendered":"\n<p>The pace of British GDP growth slowed in the third quarter of 2022, as the economy grew by 1.9%, compared to expectations of a growth of 2.4%, after the economy had previously recorded a growth of 4.4%.<\/p>\n\n\n\n<p>On a quarterly basis, the UK economy contracted by 0.3%, compared to expectations for a contraction of 0.2%.<\/p>\n\n\n\n<p>It is noteworthy that the various sectors in Britain had closed their doors in an unusual way on the day of Queen Elizabeth II&#8217;s funeral, as they did not work fully or at different times.<br>Household spending decreased by 1.1% and business investment decreased by 2.5%.<\/p>\n\n\n\n<p>On the other hand, government spending increased by 0.5%, and net trade contributed positively as exports jumped by 8.9% while imports decreased by 3.6%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The pace of British GDP growth slowed in the third quarter of 2022, as the economy grew by 1.9%, compared to expectations of a growth of 2.4%, after the economy had previously recorded a growth of 4.4%. On a quarterly basis, the UK economy contracted by 0.3%, compared to expectations for a contraction of 0.2%. &hellip;<\/p>\n","protected":false},"author":9,"featured_media":31162,"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":[194,6969,6835],"class_list":["post-77424","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-market-updates","tag-gdp","tag-growth","tag-uk"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/77424","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=77424"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/77424\/revisions"}],"predecessor-version":[{"id":77425,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/77424\/revisions\/77425"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/31162"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=77424"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=77424"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=77424"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}