GDP fell by 0.3% in April as economy slumps

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GDP fell by 0.3% in April as economy slumps
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The UK’s economy shrank by a bigger than expected 0.3 per cent in April

Construction also fell by 0.4 per cent. It was the first time that all main sectors have contributed negatively to a monthly GDP estimate since January 2021.Chancellor of the Exchequer Rishi Sunak said: “Countries around the world are seeing slowing growth, and the UK is not immune from these challenges.

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