GDP rose by 0.1 per cent in Q1 2018 from the previous quarter, unchanged from the preliminary estimate. GDP growth in Q1 was driven by services which grew 0.3 per cent. Three of the four sub-sectors within services experienced a rise. The ONS reported quarterly growth weakening compared with the same quarter a year ago, particularly in domestic consumer-facing industries.Elsewhere, Production (+0.6 per cent) rose on the previous quarter while Construction contracted by 2.7 per cent in Q1 2018, revised up from the preliminary estimate of GDP.
UK Executive Report
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UK Executive Report - May 2018
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