UK narrowly avoids recession in back half of 2022 despite December slump

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UK narrowly avoids recession in back half of 2022 despite December slump
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The British economy showed no growth in the final quarter of 2022, but shrunk by 0.5% in December — more than expected by analysts.

The U.K. economy showed no growth in the final quarter of 2022, but shrunk by 0.5% in December — more than expected by analysts. The figures mean the country narrowly avoided a recession — commonly defined as two quarters of negative growth — following a.

The U.K. economy showed no growth in the final quarter of 2022, but shrunk by 0.5% in December — more than expected by analysts. The figures mean the country narrowly avoided a recession — commonly defined as two quarters of negative growth — following a
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