By Desmond Nleya

The United Kingdom’s economy contracted by 0.1% in April, reflecting the economic impact of the ongoing Middle East conflict and rising energy costs, according to official figures released on Friday.

Data from the UK Office for National Statistics (ONS) showed that Gross Domestic Product (GDP) declined by 0.1% in April after recording growth of 0.3% in March. The figure was in line with analysts’ expectations but marks a setback following stronger-than-expected economic performance in the first quarter of the year.

The economic slowdown comes amid renewed inflationary pressures driven by soaring energy prices following the conflict that erupted after US-Israeli strikes on Iran on February 28. Higher fuel and energy costs have increased concerns about the pace of economic recovery and future growth prospects.

Responding to the latest figures, UK Finance Minister Rachel Reeves acknowledged the challenges posed by the conflict.

“Before the conflict in the Middle East, growth was higher than expected and inflation was falling,” Reeves said.

“This is not a war we wanted or joined, but one that will have an impact at home,” she added.

Economists warn that continued instability in the region could further affect global energy markets, placing additional pressure on households and businesses across the United Kingdom.