UK GDP Growth in February

In a sign of economic resilience, 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 comes after a slight decline in January, highlighting the economy's ability to rebound.

Sector Performance

The month saw production output surge by 1.5%, with construction output also posting a modest gain of 0.4%. The services sector, a critical component of the UK economy, expanded by 0.3%, contributing to the overall positive momentum.

Quarterly Overview

Looking at the broader picture from December to February, the UK's real GDP grew by 0.6% compared to the previous three months. During this period, production and services sectors grew by 0.7% and 0.6% respectively, while construction output remained stable, showing no growth or decline.