{"id":7449,"date":"2021-02-12T08:57:02","date_gmt":"2021-02-12T08:57:02","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/02\/12\/ftse-100-falls-on-weak-gdp-data\/"},"modified":"2021-02-12T08:57:02","modified_gmt":"2021-02-12T08:57:02","slug":"ftse-100-falls-on-weak-gdp-data","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/02\/12\/ftse-100-falls-on-weak-gdp-data\/","title":{"rendered":"FTSE 100 Falls On Weak GDP Data"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> U.K. stocks fell notably on Friday after official data showed the U.K. <span class=\"landLinks\">economy<\/span> logged its biggest annual fall on record in 2020, with GDP falling 9.9 percent. <\/p>\n<p>The benchmark FTSE 100 dropped 33 points, or half a percent, to 6,495 after closing 0.1 percent higher the previous day.<\/p>\n<p>The U.K. economy logged a weaker growth in the fourth quarter after the partial recovery seen in the third quarter, he Office for National Statistics said. <\/p>\n<p>GDP grew by 1.0 percent in the fourth quarter, following a revised 16.1 percent growth in the third quarter. Economists had forecast a quarterly growth of 0.5 percent.<\/p>\n<p>Despite two consecutive quarters of growth, the level of GDP in the UK was still 6.6 percent below where it was in the fourth quarter, prior to the pandemic. <\/p>\n<\/p>\n<\/div><\/div>\n<p><script type=\"text\/javascript\">\n        window.fbAsyncInit = function () {\n            FB.init({\n                status: true,\n                cookie: true,\n                xfbml: true\n            });\n        };\n        (function (d) {\n            var js, id = 'facebook-jssdk'; if (d.getElementById(id)) { return; }\n            js = d.createElement('script'); js.id = id; js.async = true;\n            js.src = \"https:\/\/connect.facebook.net\/en_US\/all.js\";\n            d.getElementsByTagName('head')[0].appendChild(js);\n        }(document));\n    <\/script><br \/>\n<br \/>\n<br \/>FTSE 100 Falls On Weak GDP Data<\/a><br \/>\n<br \/>2021-02-12 08:57:02<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>U.K. stocks fell notably on Friday after official data showed the U.K. economy logged its biggest annual fall on record in 2020, with GDP falling 9.9 percent. The benchmark FTSE&#8230;<\/p>\n","protected":false},"author":2,"featured_media":7450,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"class_list":["post-7449","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/7449","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/comments?post=7449"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/7449\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/7450"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=7449"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=7449"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=7449"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}