Surprise as ONS revises earlier estimates from 0.1% to 0.2% on new construction figures

The UK economy grew at a faster rate than thought in the first three months of 2018, raising hopes for a pick-up in growth after the sluggish start to the year.

The Office for National Statistics unexpectedly revised higher its third and final estimate for UK growth in the first quarter to 0.2%, following two earlier estimates of 0.1%. Government statisticians said fresh figures from the construction industry and improvements for measuring the sector had nudged up the growth rate.

Continue reading…

Read More UK economy grew at faster rate in first quarter of 2018 than initially reported

Facebook Comments