UK's economy stagnated in April, with services growth offset by declines in production and construction.

UK's economy showed no growth in April, according to official data, with heavy rainfall dampening consumer spending. Services output grew by 0.2% but production output and construction output fell by 0.9% and 1.4% respectively. The stagnant economy presents a headache for Prime Minister Rishi Sunak, who has made the return of growth a central pillar of the Conservative Party's election campaign.

June 12, 2024
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