Rolling coverage of the latest economic and financial news, including February’s UK GDP report
Here’s ONS director of economic statistics Liz McKeown on the news that the UK economy grew by 0.1% in February:
“The economy grew slightly in February with widespread growth across manufacturing, particularly in the car sector. Services also grew a little with public transport and haulage, and telecommunications having strong months.
“Partially offsetting this there were notable falls across construction as the wet weather hampered many building projects.
“Looking across the last three months as a whole, the economy grew for the first time since last summer.”
Continue reading…Rolling coverage of the latest economic and financial news, including February’s UK GDP reportUK takes another step on path to exit recession as GDP risesHere’s ONS director of economic statistics Liz McKeown on the news that the UK economy grew by 0.1% in February:“The economy grew slightly in February with widespread growth across manufacturing, particularly in the car sector. Services also grew a little with public transport and haulage, and telecommunications having strong months.“Partially offsetting this there were notable falls across construction as the wet weather hampered many building projects.“Looking across the last three months as a whole, the economy grew for the first time since last summer.” Continue reading…
