Summary
The UK economy grew by 0.3% in November 2023, which was more than expected. This growth was mainly due to a rebound in car production and improvements in the services sector.
Key Facts
- The UK economy grew by 0.3% in November.
- This growth was stronger than what experts had predicted.
- Car production saw a rebound, contributing to the economic growth.
- The services sector also saw improvements, helping the economy.
- Production increased by 1.1% in November.
- This increase was largely due to higher electricity and gas supplies.
- The Office for National Statistics provided these figures.
- Liz McKeown from the Office for National Statistics mentioned that the economy had a slight growth of 0.1% over the three months ending in November.