UK GDP stagnated in April, in blow to claims economy has turned corner – business live

Economic growth (GDP), Economics, Business, Stock markets Business | The Guardian

​Rolling coverage of the latest economic and financial news, including new UK growth figures due at 7amBritain’s economy was dragged down by the factory sector, and by the building sector, in April.The ONS says:Services output grew by 0.2% in April 2024, its fourth consecutive monthly growth, and also grew by 0.9% in the three months to April 2024.Production output fell by 0.9% in April 2024 following growth of 0.2% in March 2024, but grew by 0.7% in the three months to April 2024.Construction output fell by 1.4% in April 2024, its third consecutive monthly fall, and fell by 2.2% in the three months to April 2024. Continue reading… 

Rolling coverage of the latest economic and financial news, including new UK growth figures due at 7am

Britain’s economy was dragged down by the factory sector, and by the building sector, in April.

The ONS says:

Services output grew by 0.2% in April 2024, its fourth consecutive monthly growth, and also grew by 0.9% in the three months to April 2024.

Production output fell by 0.9% in April 2024 following growth of 0.2% in March 2024, but grew by 0.7% in the three months to April 2024.

Construction output fell by 1.4% in April 2024, its third consecutive monthly fall, and fell by 2.2% in the three months to April 2024.

Continue reading… 

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