Economic Overview - The uncertainty surrounding the UK budget continued to weigh on economic growth in October, with the services sector contracting by 0.3% month-on-month, a trend that may persist into November [1] - Overall, the GDP shrank by 0.1% for the second consecutive month in October, raising concerns about a potential quarterly contraction for the first time since 2023 [1] Sector Performance - Despite the recovery from the cyberattack affecting Jaguar Land Rover, automotive production has not rebounded as expected [1] - The construction sector experienced its fastest contraction since April 2024, indicating significant challenges ahead [1] Future Outlook - The combination of uncertainty, weak hiring, and concerns over rising unemployment may lead to subdued spending and investment as the year comes to a close [1] - The path into the new year is expected to be challenging, with risks of further economic decline [1]
德银：英国经济可能出现自2023年以来的首次季度收缩
Ge Long Hui·2025-12-12 09:01