Recession-hit Britain swings to economic growth in January, helped by construction bounce

[ad_1] People walk along Waterloo Bridge past the City of London skyline, the capital’s financial district, on a sunny and mild day. Sopa Images | Lightrocket | Getty Images LONDON — U.K. gross domestic product grew 0.2% in January, the Office for National Statistics said Wednesday, as construction output jumped unexpectedly. The headline figure was…

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China reports fastest industrial expansion in nearly 2 years; retail sales growth misses estimates

[ad_1] View of Shanghai skyline from a container station. Yaorusheng | Moment | Getty Images China reported Friday its industrial output expanded at the fastest pace since February 2022 in November, though retail sales growth missed expectations, pointing to a patchy recovery in the world’s second-largest economy. Economists are approaching the China data with some…

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