UK Economy Beats Expectations With 0.7% Rise in Q1

From Morningstar: 2025-05-15 04:11:00

The UK economy grew by 0.7% in the first quarter of 2025, exceeding expectations. GDP per head increased by 0.5% after two consecutive declines. Export volumes rose by 3.5%, with goods exports up by 5.6% and services exports up by 2.0%. The trade deficit narrowed by £3.6 billion to £6.6 billion in the quarter.



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