PARIS (Reuters) – The British economy rebounded in January as expected, according to data published on Wednesday by the Office for National Statistics (ONS).
Gross domestic product (GDP) grew 0.2% after contracting 0.1% the previous month and in line with the expectations of economists polled by Reuters.
Compared to January 2022, GDP shows a contraction of 0.3%, as expected by the consensus, after zero growth in December.
On the foreign exchange market, the pound sterling stood at $1.2783, down 0.05%, after the publication of this statistic.
(Writing by Claude Chendjou, edited by Kate Entringer)
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