U.K. Economic Growth Slows Down

U.K. Economic Growth Slows Down

Assessment

Interactive Video

Business

University

Hard

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The video discusses the UK's economic performance in the third quarter, highlighting a slight underperformance compared to forecasts. Consumer spending shows signs of weakening, and the Bank of England's decision not to raise interest rates is analyzed. The quarterly figures indicate a slowdown from the previous quarter, attributed to supply disruptions and the risk of hindering economic recovery. Attention is now on upcoming inflation and jobs data, which could influence future rate hikes.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the significance of the monthly figures coming in slightly above forecast?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What upcoming economic indicators are expected to influence market expectations?

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