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    U.K. Economy Shrinks for Second Month as Outlook Dims

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    U.K. Economy Shrinks for Second Month as Outlook Dims



    The U.K.’s economy contracted for the second straight month in April, as surging inflation weakened consumer spending, and programs designed to contain the spread of Covid-19 were wound down.

    The U.K.’s statistics agency said Monday that gross domestic product—a broad measure of the goods and services produced in an economy—fell by 0.3% from March. Economists had expected to see a small increase in output, following a 0.1% fall in the previous month.



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