The UK economy expanded by 0.2% in the three months to the end of May, driven by strong growth in the services sector, according to the Office for National Statistics (ONS).
In its latest growth report, the ONS said UK GDP had moved higher in the three months to May, having flatlined in the three months to April period and growing just 0.1% in the first quarter of 2018 overall. The report is the first time the ONS has calculated UK GDP via a monthly indicator and a rolling three-month figure, having previously only published growth data every three months. Services was the only positive contributor to GDP growth, growing by 0.34% percentage points, as agriculture held at 0% growth, and production and construction sectors shrunk by around 1% each. Andy ...
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