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GDP monthly estimate, UK: August 2018
UK gross domestic product (GDP) grew by 0.7% in the three months to August 2018 “The economy continued to rebound strongly after a weak spring, with retail, food and drink production and housebuilding all performing particularly well during the hot summer months. However, long-term growth continues to lag behind its historical trend.” All three main sectors contributed positively to GDP growth. The services sector had a rolling three-month growth of 0.5%, resulting in a large positive contribution to headline GDP growth. The production industries and construction also had positive contributions to GDP growth, ... (full story)
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