Modest GDP Growth in Q1 Could End Sunak’s Recession mdi-fullscreen

New figures just released by the Office for National Statistics will make reassuring reading for Hunt and Sunak. GDP grew by a modest 0.1% in February. More or less in line with expectations…

Still, GDP has now grown for two months in a row after expanding by an upwardly revised 0.3% from 0.1%  in January. These latest figures point in the direction of the UK economy expanding in Q1 and exiting the shallow recession of the second half of last year. Improving output in the production and services sectors had a big part to play in the growth bump. Now analysts are expecting an optimistic outlook for months ahead of us. No doubt Rishi will claim this success as his own…

mdi-tag-outline Data Guido GDP Office for National Statistics
mdi-timer April 12 2024 @ 08:09 mdi-share-variant mdi-twitter mdi-facebook mdi-whatsapp mdi-telegram mdi-linkedin mdi-email mdi-printer
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