Article 4EVJJ UK economic growth picks up as stockpiling bolsters manufacturing

UK economic growth picks up as stockpiling bolsters manufacturing

by
Phillip Inman
from on (#4EVJJ)

Factory output up 2.2% - the strongest quarterly performance since 1988

Britain's economy strengthened in the first three months of the year, with growth of 0.5% helped by unprecedented stockpiling by manufacturers fearful of the impact from a no-deal Brexit.

It was an improvement on 0.2% growth in the previous three months and was bolstered by the strongest quarterly performance for manufacturers since 1988, with factory output up 2.2%, according to the figures from the Office for National Statistics.

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