GDP

Services sector grew by 0.2% while the manufacturing fell by 0.5%

GDP contracts by 1.4% in 2023 but inflation drops sharply over the year

The jump follows the 0.6% decline recorded in June

‘Difficult to dodge recession’

GDP drop of 0.9% in Q2

GDP fell by 0.3%

Below expectations

Highest rate since 1940

5.7% growth

Economy still ‘vulnerable’ to Covid shocks