UK Economy Faces Slowdown as Construction Sector Takes a Hit
Wednesday, 12 June 2024, 06:09
UK Economy Stalls in April
The UK economy faced a slowdown in April as construction output registered a significant decline, resulting in stagnant growth.
Foreseen Slowdown
Economists had predicted this outcome, after a period of robust growth in March.
Construction Sector Impact
The sharp drop in construction activity has prompted worries about the country's economic resilience.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.