{"id":567181,"date":"2025-11-13T07:53:15","date_gmt":"2025-11-13T07:53:15","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/567181\/"},"modified":"2025-11-13T07:53:15","modified_gmt":"2025-11-13T07:53:15","slug":"uk-economic-growth-slows-to-0-1-in-final-figures-before-budget-follow-live-2","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/567181\/","title":{"rendered":"UK economic growth slows to 0.1% in final figures before Budget &#8211; follow live"},"content":{"rendered":"<p>What is GDP?published at 06:24 GMT<\/p>\n<p>06:24 GMT<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The figures being published today are for GDP &#8211; Gross Domestic Product.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">GDP measures how much is produced, how much is spent and how much is earned in a country&#8217;s economy over time. <\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">In the UK, new GDP figures are published every month by the Office for National Statistics (ONS).<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The ONS measures GDP by taking into account the UK&#8217;s output, its expenditure, and its income &#8211; but this can sometimes hide details on important aspects of living standards like inequality and living standards.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Most economists, politicians, and businesses like to see GDP growing steadily &#8211; that means people are spending more, more jobs are being created and more tax is being paid.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">If GDP falls for two quarters in a row, this is known as a recession, which can lead to pay freezes and job losses.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">In August, the figures showed that the economy grew by 0.3% between April and June &#8211; better than economists had expected. We were also told growth had slowed from 0.7% in the first three months of the year to 0.3% in the second quarter.<\/p>\n","protected":false},"excerpt":{"rendered":"What is GDP?published at 06:24 GMT 06:24 GMT The figures being published today are for GDP &#8211; Gross&hellip;\n","protected":false},"author":2,"featured_media":567182,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[13,12,14],"class_list":{"0":"post-567181","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-news","8":"tag-headlines","9":"tag-news","10":"tag-top-stories"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/115541311790507569","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/567181","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=567181"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/567181\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/567182"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=567181"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=567181"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=567181"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}