UK economic growth revised higher in first quarter
by Richard Partington from Economics | The Guardian on (#3T406)
Surprise as ONS upgrades earlier estimates after improved construction figures
The UK economy grew at a faster rate than initially thought in the first three months of 2018, raising hopes for a pick-up in growth after the sluggish start to the year.
The Office for National Statistics unexpectedly revised higher its third and final estimate for UK growth in the first quarter to 0.2%, after two earlier estimates of 0.1%.
Related: Bank of England moves closer to August interest rate rise
Continue reading...