Britain’s economy grew in November on an annual basis by 0.2%, compared to an expected growth of 0.3%.<\/p>\n\n\n\n
On a monthly basis, real GDP grew by 0.1% in November 2022, after it recorded a growth of 0.5% in October 2022.<\/p>\n\n\n\n
The services sector grew by 0.2% in November 2022, after a growth of 0.7% in October 2022, and the largest contributions came from administrative activities, support services, information and communications.<\/p>\n\n\n\n
The main driver of services growth in November 2022 was administrative and support activities, which grew by 2% in November 2022. All six industries in this sub-sector experienced growth during the month, with staffing activities contributing the largest growth of 2.1%.<\/p>\n\n\n\n
The second largest contribution within services came from information and communications, which grew by 1.7% in November 2022 after a growth of 0.8% in October 2022.<\/p>\n\n\n\n
Communications, programming, consulting and related activities were the largest contributors, with growth of 3.9% and 2.4%, respectively.<\/p>\n\n\n\n
<\/p>\n","protected":false},"excerpt":{"rendered":"
Britain’s economy grew in November on an annual basis by 0.2%, compared to an expected growth of 0.3%. On a monthly basis, real GDP grew by 0.1% in November 2022, after it recorded a growth of 0.5% in October 2022. The services sector grew by 0.2% in November 2022, after a growth of 0.7% in …<\/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":[37,36],"tags":[7562,6967,7903,8854,7619],"class_list":["post-78409","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-andrew-bailey","tag-boe","tag-economic-growth","tag-russian-invasion-of-ukraine","tag-uk-economy"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/78409","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=78409"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/78409\/revisions"}],"predecessor-version":[{"id":78410,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/78409\/revisions\/78410"}],"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=78409"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=78409"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=78409"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}