2023-09-02 03:30:08
The British National Statistics Office announced that the growth of gross domestic product was revised, “and raised by 1.1 percentage points to reach an increase of 8.7%,” noting that growth had decreased less than expected in 2020, by 10.4% ( compared to 11% according to the previous estimate).
In a report, it was estimated that the gross domestic product was “0.6% higher than pre-pandemic levels” in the fourth quarter of 2021, while the Institute of Statistics had so far believed that it was 1.2 percent lower in that period. %.
The Office for National Statistics previously estimated that the UK economy would not return to its pre-Covid level until a few months ago in its monthly figures, not yet in terms of GDP.
In a related context, British Finance Minister Jeremy Hunt pointed out, in a statement on social media, that the British economy “in fact recorded greater growth compared to pre-pandemic levels, compared to Germany, France and Japan,” stressing that “the regressive rhetoric about Britain and its long-term prospects, is simply wrong.” “However, there are still many battles to be won, especially against inflation, in order to reduce the cost of living pressure on families,” he said.
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