Sterling drops after GDP data confirms economic slowdown

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Sterling drops after GDP data confirms economic...
 © In-Cyprus 2019
Sterling extended its fall on Monday after data showed that Britain’s economy last year grew at its slowest since 2012, with Brexit uncertainty hitting investment.

The quarterly GDP numbers followed other data in recent weeks that paint a picture of a UK economy slowing into 2019 as businesses and consumers grow increasingly nervous about Britain’s departure from the European Union.

Gross domestic product growth in the final quarter of 2018 fell to a quarterly rate of 0.2 percent from 0.6 percent in the previous quarter – in line with the average...


This article was automatically added to our system 11-2-2019

Sterling drops after GDP data confirms economic slowdown


The contents of this article including any associated images are © In-Cyprus 2019
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Article Tags: sterling, drops, after, confirms, economic, slowdown,