The UK economy stalled between July and September and grew at a slower rate than previously thought in the three months prior, revised data shows.
Gross domestic product was unchanged over the quarter to September, against the previously stated 0.1% growth, according to a new estimate from the Office for National Statistics.
Growth between April and June, previously estimated at 0.5%, was revised down to 0.4% in the meantime.
“The economy was weaker in the second and third quarters of this year than our initial estimates suggested,” ONS statistics director Liz McKeown said.
She added bars and restaurants, legal firms and advertising “in particular” performed less well.
“The household saving ratio fell a little in the latest period, though remains relatively high by historic standards,” McKeown continued.
“Meanwhile, real household disposable income per head showed no growth.”