Published On: Wed, Apr 10th, 2019

What Brexit woes? UK economy BEATS forecasts with better-than-expected growth numbers | City & Business | Finance

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Holding better than anticipated by economists, the UK economy grew by 0.2 percent in February compared with January.

Analysts at Reuters had been expecting zero percent growth.

Over the three months to February, gross domestic product rose by 0.3 percent compared with the previous quarter, the ONS said.

Head of GDP at the ONS Rob Kent-Smith said: “GDP growth remained modest in the latest three months.

“Services again drove the economy, with a continued strong performance in IT.

“Manufacturing also continued to recover after weakness at the end of last year, with the often-erratic pharmaceutical industry, chemicals and alcohol performing well in recent months.”

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