UK economy unexpectedly grows 0.1% in November: ONS

UK economy unexpectedly grows 0.1% in November: ONS

By David Milliken

LONDON (Reuters) – British gross domestic product rose 0.1% in November, figures from the Office for National Statistics showed on Friday.

Economists polled by Reuters had forecast GDP would drop by 0.2% in November from October.

Fridays data also showed that in the three months to the end of November, the economy shrank by 0.3%, the same as the 0.3% contraction forecast in the Reuters poll.

Britains economy contracted in the three months to the end of September, and a fall in output in the three months to Dec. 31 would count as a recession, based on the definition of two consecutive quarters of contraction commonly used in Europe.

(Reporting by David Milliken and Andy Bruce; editing by Sarah Young)

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