Revised figures show that the UK economy contracted more than first thought in the third quarter.
Business investment performed worse than first thought and the economy contracted by more than previously thought.
The first half of the year have been revised down.
The UK is expected to fall into recession in the last three months of the year.
When the economy shrinks for two three-month periods in a row, it's considered to be in a recession. During a recession, companies make less money, pay falls and unemployment rises, leaving the government with less money in tax to use.
The economy performed slightly less well over the last year than we previously estimated, with manufacturing and electricity generation notably weaker.
"Household incomes continued to fall in real terms, albeit at a slower rate than in the previous two quarters, while household spending fell for the first time since the spring of 2021."
The previous estimate of 0.4% below was revised downward by the ONS, which said thatGDP was now estimated to be 0.8% below where it was before.
Inflation is at its highest level in 40 years because of surging energy and food prices.
The economy grew at a slower rate in the first and second quarters than first thought, according to the ONS.
The growth in those quarters was reported by the ONS.
The Office for Budget Responsibility predicts that the UK will fall into a recession.
The economy will shrink by 1.4% in 2023 before it starts growing again, according to the OBR.
The unemployment rate is expected to rise from its current rate of 3.7% to 4.9% in four years.
The Bank of England is expected to put up interest rates to control prices.
The Bank raised its key rate to 3.5% last week, which is pushing up repayment costs for people with mortgage and loans.
The Chancellor blamed the Pandemic and Russia's invasion of Ukraine for driving up prices and said the government had a plan to cut inflation in half.
Labour's shadow chancellor claimed that the government was losing control over the economy.
She said that the UK had the worst growth in the G7 in the last quarter.
Millions of people are paying the price for the loss of control of the economy by the Conservatives.
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