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UK suffers worst growth in G7; concerns over Christmas food prices surge – business live

UK GDP vs G7 nations

UK had worst growth across G7 in Q3

The UK has fallen to the bottom in the Group of Seven nations in terms of quarterly economic growth.

The 0.3% contraction in UK GDP in Q3 reported this morning is worse than Japan’s 0.2% fall in GDP, while Canada and the US both expanded pacily, by around 0.7%.

France (+0.2%), Germany (+0.4%) and Italy (+0.5%) all grew in July-September too.

Photograph: ONS

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