| Story Views | |
| Now: | |
| Last Hour: | |
| Last 24 Hours: | |
| Total: | |
UK growth accelerated in the fourth quarter of last year
Wednesday, February 22, 2017 4:21
% of readers think this story is Fact. Add your two cents.
The fourth quarter saw UK growth speed up to 0.7% for the three months. The quarterly pattern last year according to the ONS was 0.2% in Q1, 0.6% in each of Quarters 2 and 3, and 0.7% in Q4. The ONS says this amounts to 1.8% growth for the year as a whole, though the four quarters as reported gives you a figure of 2.1%. What is clear from these figures is the economy grew faster after the Brexit vote than before by a decent margin, the opposite of the official and expert forecasts at the time.
Source: http://johnredwoodsdiary.com/2017/02/22/uk-growth-accelerated-in-the-fourth-quarter-of-last-year/
