ONS figures show gross domestic product rose by 0.4 month on month after recording zero growth in April
The UK economy returned to growth in May after a washout month in April when activity flatlined, resuming the recovery from last year’s recession.
Figures from the Office for National Statistics (ONS) show gross domestic product rose by 0.4% month on month, after recording zero growth in April when wet weather hit consumer spending. City economists had forecast growth of 0.2%.
Continue reading…ONS figures show gross domestic product rose by 0.4 month on month after recording zero growth in AprilThe UK economy returned to growth in May after a washout month in April when activity flatlined, resuming the recovery from last year’s recession.Figures from the Office for National Statistics (ONS) show gross domestic product rose by 0.4% month on month, after recording zero growth in April when wet weather hit consumer spending. City economists had forecast growth of 0.2%. Continue reading…