UK Narrowly Avoided Recession Last Year, Official Figures Show


The UK narrowly avoided a recession at the end of last year, figures published on Friday showed.

According to the the Office for National Statistics (ONS) the economy recorded zero growth between October and December.

Darren Morgan, director of economic statistics at the ONS, said the economy “contracted sharply” in December meaning, overall, there was no growth in the economy over the last three months of 2022.

“Public services were hit by fewer operations and GP visits, partly due to the impact of strikes, as well as notably lower school attendance,” he said.

“Meanwhile, the break in Premier League football for the World Cup and postal strikes also caused a slowdown.

“However, these falls were partially offset by a strong month for lawyers, growth in car sales and the cold snap increasing energy generation.

“Across 2022 as a whole, the economy grew 4%. Despite recent squeezes in household incomes, restaurants, bars and travel agents had a strong year.

“Meanwhile, health and education also began to recover from the effects of the pandemic.”


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