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The UK economy shrank slightly in the third quarter, according to revised figures that highlight the country’s struggle to shake off its low-growth performance.
The Office for National Statistics said gross domestic product fell by 0.1 per cent in the July-to-September period, a downward revision from previous estimates of zero growth. The economy failed to grow in the second quarter — a downward revision from the earlier estimate of a 0.2 per cent increase.
The ONS said there was a 0.2 per cent fall in output from the services sector in the latest quarter, which offset a 0.4 per cent rise in construction output and slightly higher production output.
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