The Guardian Weekly

Economic recovery stalled amid workforce shortages

Economic recovery from the winter lockdown virtually stalled in July despite the removal of most pandemic restrictions, amid a fall in retail sales and the impact of “pingdemic” shortages in the workforce.

The Office for National Statistics said gross domestic product (GDP) grew by only 0.1% in July from a month earlier, as the government’s end to most restrictions in England failed to offset the fallout from the coronavirus Delta variant. GDP was lower than the 0.6% growth forecast by City economists, and a sharp slowdown compared with June when the economy grew by 1%.

Global Report

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2021-09-17T07:00:00.0000000Z

2021-09-17T07:00:00.0000000Z

https://theguardianweekly.pressreader.com/article/281805697056648

Guardian/Observer