Login

UK Economy Shrank Again in April as Cost-of-Living Crisis Escalated

All Sectors of the Economy Contracted for the First Time Since January 2021
CoStar Analytics
June 13, 2022 | 9:21 AM

The UK economy shrank by 0.3% in April as businesses and consumers struggled to cope with rising prices and the COVID Test and Trace scheme came to an end, according to initial estimates released on Monday 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 | UK Economy Shrank Again in April as Cost-of-Living Crisis Escalated