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Dow Jones Newswires: U.Ok. economic system stagnated in February after labor strikes hit task

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By Ed Frankl


The U.Ok. economic system stalled in February after public-sector strikes hit task in the companies and products sector.

The country’s notorious home product held staunch on month in February, from an upwardly revised 0.4% upward thrust in January, data from the Repute of job for National Statistics showed Thursday.

It fell in the lend a hand of expectations of a poll of economists by The Wall Boulevard Journal, which seen the economic system rising 0.1%.

Nonetheless, the U.Ok. did register a puny 0.1% upward thrust in GDP in the three months to February, with month-to-month GDP now estimated to be 0.3% above prepandemic stages in February 2020, the ONS said.


Write to Ed Frankl at edward.frankl@wsj.com

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