UK economy stronger than thought in first quarter: Data

UK gross domestic product grew 0.3 per cent in the January-March period, up from an initial estimate of 0.1-per cent expansion, the Office for National Statistics said in a statement. Analysts said the data changed little for the UK outlook, as the nation grapples with high inflation and interest rates that risk tipping the economy into recession.

UK economy stronger than thought in first quarter: Data
UK gross domestic product grew 0.3 per cent in the January-March period, up from an initial estimate of 0.1-per cent expansion, the Office for National Statistics said in a statement. Analysts said the data changed little for the UK outlook, as the nation grapples with high inflation and interest rates that risk tipping the economy into recession.