Article 9XR7 Services output revised down as UK economic growth unchanged at 0.3%

Services output revised down as UK economic growth unchanged at 0.3%

by
Phillip Inman Economics correspondent
from on (#9XR7)

Second estimate of GDP by the Office for National Statistics was expected to see an upwards revision to growth

Official figures have confirmed that Britain's growth rate slowed to 0.3% in the first three months of the year after an improvement in construction output was offset by a slowdown in the services sector.

The second estimate of GDP by the Office for National Statistics was expected to show that the halving of the UK's quarterly growth rate had been exaggerated and would be revised upwards.

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