UK economy shows 0.2% growth in April: ONS


Reuters | London | Updated: 14-06-2023 11:45 IST | Created: 14-06-2023 11:41 IST
UK economy shows 0.2% growth in April: ONS
Representative Image Image Credit: ANI
  • Country:
  • United Kingdom

British economic output expanded by 0.2% month-on-month in April, as expected, with growth driven purely by the services sector, the Office for National Statistics said on Wednesday.

A Reuters poll of economists had pointed to growth of 0.2% in April. Services output rose 0.3% on the month, with growth driven by the retail, information and communications, and the filming industry.

But manufacturing output dropped and construction output contracted unexpectedly, the figures showed.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

Give Feedback