The U.K. economy grew a meager 0.1% in the fourth quarter, according to preliminary figures from the Office for National Statistics on Thursday.
Economists polled by Reuters expected the economy to have grown 0.2% over the October-December period, following 0.1% growth in the third quarter.
Month-on-month, the economy expanded 0.1% in December, down from a 0.2% expansion, revised down from 0.3%, the previous month. Pound sterling
was flat against the dollar following the data, at $1.3624.
The ONS’ Director of Economic Statistics Liz McKeown said the latest data showed a mixed economic picture.
