Login

Recession Looms as UK Economy Shrank in Third Quarter

Output Fell by 0.2% During the Quarter and by 0.6% in September as Outlook Darkens
CoStar Analytics
November 11, 2022 | 11:39 AM

The UK economy is on the path to recession after shrinking by 0.2% in the three months to September amid increasingly challenging conditions for both businesses and households, according to initial estimates released on Friday by the Office for National Statistics.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In

News | Recession Looms as UK Economy Shrank in Third Quarter