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

OPEC surplus forecast, U.S. stockpiles push oil lower

Asia market mixed; SoftBank tumbles, Australia beats jobs forecast

Asia markets mixed as SoftBank shares slide after Nvidia exit

Name	Price/Vol	%Chg/NChg
KSE100	161,935.19 239.78M	0.80% 1277.69
ALLSHR	97,989.64 672.11M	0.80% 780.92
KSE30	49,083.13 162.29M	0.73% 357.18
KMI30	231,590.57 121.07M	0.80% 1835.48
KMIALLSHR	63,730.38 301.36M	0.65% 414.39
BKTi	44,511.26 43.79M	1.00% 442.70
OGTi	31,229.10 21.20M	1.42% 438.44

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	95,045.00	100,495.00 94,230.00	-3080.00 -3.14%
BRENT CRUDE	64.29	64.87 63.36	1.28 2.03%
RICHARDS BAY COAL MONTHLY	85.00	85.00 85.00	0.05 0.06%
ROTTERDAM COAL MONTHLY	96.45	96.45 95.75	1.20 1.26%
USD RBD PALM OLEIN	1,082.50	1,082.50 1,082.50	0.00 0.00%
CRUDE OIL - WTI	59.95	60.65 58.71	1.26 2.15%
SUGAR #11 WORLD	14.85	15.05 14.35	0.41 2.84%