UK economy shrinks 2.6% in November on virus curbs: data

MG News | January 15, 2021 at 12:38 PM GMT+05:00

0:00

Jan 15, 2021: The British economy slumped 2.6 percent in November from the previous month, official data showed on Friday, with activity slammed by government restrictions to curb the spread of the coronavirus.

Gross domestic product nosedived in November from upwardly-revised 0.6-percent growth in October, the Office for National Statistics said in a statement.

The figures meant the economy was 8.5 percent smaller compared with its pre-pandemic level in February, it added.

AFP/APP

Related News

Oil prices edge up, Iran tensions ease

Asia markets slip on geopolitical tensions, China data

Oil retreats on reduced geopolitical risk

Name	Price/Vol	%Chg/NChg
KSE100	187,761.69 450.87M	1.44% 2662.86
ALLSHR	112,676.86 1,195.52M	1.05% 1167.51
KSE30	57,522.35 166.78M	1.38% 784.61
KMI30	264,743.45 175.88M	1.48% 3870.74
KMIALLSHR	72,300.02 597.10M	1.14% 811.71
BKTi	54,499.63 44.60M	1.50% 808.03
OGTi	38,644.55 21.80M	-0.07% -27.90

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	93,260.00	95,600.00 92,040.00	-2405.00 -2.51%
BRENT CRUDE	63.98	64.39 63.26	-0.15 -0.23%
RICHARDS BAY COAL MONTHLY	86.75	0.00 0.00	-2.25 -2.53%
ROTTERDAM COAL MONTHLY	97.20	97.20 97.15	-0.55 -0.56%
USD RBD PALM OLEIN	1,027.50	1,027.50 1,027.50	0.00 0.00%
CRUDE OIL - WTI	59.28	59.56 58.53	-0.06 -0.10%
SUGAR #11 WORLD	14.99	15.00 14.60	0.42 2.88%