UK's Q1 GDP grew by 0.7%, exceeding expectations, with services up 0.8% and production up 0.6%

From Morningstar: 2024-06-28 05:21:00

The UK economy grew by 0.7% in the first quarter of the year, exceeding expectations. Year-on-year growth was revised to 0.3%. Services saw a 0.8% increase, while production grew by 0.6%, and construction fell by 0.6%. The UK exited a technical recession in a stronger position than initially thought.

Source: Alliance News



Read more at Morningstar: UK’s Q1 GDP Growth Better Than First Thought