The UK economy’s growth fell to just 2.1% in August.
The city’s forecast expected growth of 4.4% despite dietary efforts to support government diet.
According to the National Statistics Office, the new figures mean that the UK’s gross domestic product through August was 9.2% lower than its pre-pandemic levels in March.
“We are pleased to announce that ONS’s vice-national economic statistics statistician Jonathan Atow said:
“There has been a great growth in restaurants and accommodations for people choosing to relax lockdown regulations, eat to help with the scheme, and ‘stay’ in the summer. However, many other parts of the services sector recorded calm growth. ”
British Prime Minister Rishi Sunak commented on the latest data:
“Through this crisis, my single focus has been work. I am protecting as many jobs as possible and providing support to people to find other opportunities that this is impossible. This goal remains unchanged.
“So we’re investing billions to help people return to work and lose their jobs and provide fresh opportunities for those who have sadly lost their jobs, so no one is left without hope,” he added.
Other major economic sectors also grew at slower rates. Services increased by 2.4%, production increased by just 0.3%, while manufacturing and construction increased by 0.7% and 3%.
The rise in coronavirus cases will slow economic growth.
