
UK GDP Growth Highlights
The United Kingdom's gross domestic product (GDP) experienced a 0.5% increase in February, as reported by the Office for National Statistics. This growth signals a positive trend in the UK's economic recovery.
Sector-wise Performance
Production output led the growth with a 1.5% rise, followed by construction output at 0.4%, and services output growing by 0.3%.
Quarterly Growth Overview
From December to February, the real GDP saw a 0.6% increase compared to the previous three months. Notably, production and services sectors grew by 0.7% and 0.6% respectively, while construction remained stable.
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