শনিবার, ১৪ ডিসেম্বর ২০২৪, ১১:০১

The British economy just got an upgrade

The British economy just got an upgrade

 

 

The Office for National Statistics just released its final estimate of UK GDP for the fourth quarter.

Here’s how it breaks down:

  • Overall GDP rose by 0.6% from the third quarter to the fourth.
  • And it’s up 3% in comparison to the fourth quarter in 2013.
  • Business investment increased by 3.7% after a big miss on expectations in the third quarter.
  • The “index of services” — effectively the output of Britain’s dominant services sector, rose by 0.8% quarter on quarter




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