Data Reveals UK Economy Stagnated In April
Early official figures from the Office for National Statistics have shown that the UK economy saw no growth in April.
The UK economy had in match increased by 0.4 percent.
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A Reuters poll of economists had anticipated this stagnation, attributing it to wet weather negatively impacting retail sales and construction output.
The ONS report, the last GDP update before the election, revealed that April’s rainfall was 155 percent above the long-term average.
Kazeem Badmus is a graduate of Mass Communication with years of experience. A professional in journalism and media writing, Kazeem prioritses accuracy and factual reportage of issues. He is also a dexterous finder of the truth with conscious delivery of unbiased and development oriented stories.
