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UK growth slows as computer chip shortage hits carmaking

GDP expanded by 0.8% in May, which was much weaker than the 1.5% forecast

Britain’s economic recovery stumbled in May when growth slowed to 0.8% after a contraction in building work and a slump in car production.

It was the fourth consecutive month of GDP growth, and followed 2% growth in April, but the slowdown in May was sharper than expected after City economists had forecast a 1.5% increase.

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from The Guardian https://ift.tt/2TKtqs4

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