A 'mixed picture of UK economy' as GDP climbs 0.2% in three months to end of May

First monthly reading

Mike Sheen
clock • 3 min read

The UK economy expanded by 0.2% in the three months to the end of May driven by strong growth in the services sector, according to the Office for National Statistics (ONS).

In its latest growth report, the ONS said UK GDP had moved higher in the three months to May, having flatlined in the three months to April period and growing just 0.1% in the first quarter of 2018 overall. The report is the first time the ONS has calculated UK GDP via a monthly indicator and a rolling three-month figure, having previously only published growth data every three months. 2018 World Cup: Which team wins the World Cup of GDP? Services was the only positive contributor to GDP growth, growing by 0.34% percentage points, as agriculture held at 0% growth, and production an...

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