UK GDP grew 0.2% year-on-year in the first quarter

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The UK’s gross domestic product (GDP) increased by 0.2% year-on-year in the January-March 2023 period. In this respect writer The prime minister quotes the country’s national statistics office.

As stated in the publication, this figure was in line with the assessments voiced by the DailyFX portal analysts.

The services sector, which is the backbone of the UK economy, increased by 0.1% in the first quarter compared to the fourth quarter of 2022, while the construction sector increased by 0.7%.

May 6 reportedThat the level of external debt to GDP in Russia fell to its lowest ever 16.6% in 2022. This level was the lowest since 2002. The lowest figure among the largest economies was recorded in China, where it fell from 15.4% to 13.7% during the year. Next comes India, whose external debt is 19.1% of GDP.

On May 4, Russian President Vladimir Putin at his working meeting with Economic Development Minister Maxim Reshetnikov declarationThat the public debt indicators in Russia are much better than in some other countries.

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