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After Japan And UK, This Country Europe's Largest Economy Likely To Fall Into Recession

Germany’s central bank in its monthly report, stated that after a 0.3 per cent contraction in the final quarter of 2023, output is “likely to decline slightly” from January to March. This would mark the second consecutive decline in economic output, Economy News, Times Now ....

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UK economy falls into recession, adding to PM Rishi Sunak's election challenge

The office for National Statistics (ONS) said that gross domestic product (GDP) contracted by a worse-than-expected 0.3% in the three months to December having shrunk by 0.1% between July and September. ....

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UK economy enters recession, spells trouble for PM Rishi Sunak

London, Feb 15 (PTI) The UK economy has officially entered recession as a result of falling gross domestic product (GDP), spelling trouble for Prime Minister Rishi Sunak in a general election year as he had made “growing the economy” a key plank of his premiership. ....

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UK Economy Summer Shrinkage Blamed on Bad Weather and Strike Wave

The British economy has suffered blowback from sanctions on Russia over its military operation in Ukraine, with inflation pushing up prices of necessities especially food and fuel and sparking a wave of strikes. ....

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UK to Face 'Worst, Longest' Recession Among G7 Countries in 2023

The United Kingdom will face one of the longest recession and weakest recovery among G7 countries throughout 2023 due to long-term inflationary effects of the pandemic and conflict in Ukraine ....

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