Indicators

Britain’s Economy Unexpectedly Stalled at Start of the Year

Vehicle manufacturing in Sunderland, UK.Photographer: Ian Forsyth/Bloomberg

The UK economy unexpectedly failed to grow in January, suggesting activity was stalling even before conflict in the Middle East threatened to deliver a fresh blow to consumers and businesses.

Gross domestic product was unchanged after 0.1% growth in the previous month, the Office for National Statistics said on Friday. It was worse than the 0.2% growth economists had expected and below all the forecasts in the survey.