LONDON: Britain’s Brexit-facing economy experienced sluggish growth in October as the car sector stalled, official data showed Monday.
Gross domestic product grew by just 0.1% in October from September, the Office for National Statistics (ONS) said in a statement.
That represented a marginal rebound from zero growth in both August and September.
“GDP growth slowed going into the autumn after a strong summer, with a softening in services sector growth mainly due to a fall in car sales,” said Rob Kent-Smith, head of national accounts at the ONS.
“This was offset by a strong showing from IT and accountancy.”
Analysts widely expect the economy to cool further ahead of Britain’s departure from the European Union in March.