Article 6M147 UK takes another step on path out of recession as GDP rises

UK takes another step on path out of recession as GDP rises

by
Richard Partington Economics correspondent
from Economics | The Guardian on (#6M147)

February growth of 0.1% comes despite construction and retail being hit by wet start to year

Britain's economy has taken a step closer to exiting recession as official figures showed growth continued in February despite a washout month for construction and retail after one of the wettest starts to a year on record.

The Office for National Statistics (ONS) said gross domestic product (GDP) rose by 0.1% in February, matching City economists' forecasts and extending a recovery after growth in January was revised up from 0.2% to 0.3%.

Continue reading...
External Content
Source RSS or Atom Feed
Feed Location http://feeds.theguardian.com/theguardian/business/economics/rss
Feed Title Economics | The Guardian
Feed Link https://www.theguardian.com/business/economics
Feed Copyright Guardian News & Media Limited or its affiliated companies. All rights reserved. 2024
Reply 0 comments