Article 6BPNH UK’s growth last of G7 after economy shrinks by 0.3% in March

UK’s growth last of G7 after economy shrinks by 0.3% in March

by
Phillip Inman
from Economics | The Guardian on (#6BPNH)

But there was 0.1% growth in first quarter overall thanks to a stronger January, ONS says

The UK economy is at the bottom of the G7 growth league behind Germany, France and the US after an unexpected contraction of 0.3% in March.

A strong performance in January meant the economy grew by 0.1% over the first quarter, the Office for National Statistics (ONS) said, but was unable to prevent the UK economy being 0.5% smaller than it was in 2019 before the Covid-10 pandemic.

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