Sunday, March 29, 2015   

UK posts 0.8pc growth in first quarter
(04-29 17:05)

Britain's economy grew by 0.8 percent in the first quarter of 2014 compared with the final three months of last year, official data showed on Tuesday.
Gross domestic product had expanded by 0.7 percent during the fourth quarter (Q4) of 2013, the Office for National Statistics said in a statement.
Analysts' consensus forecast had been for GDP output of 0.9 percent in the first quarter, according to a survey by Dow Jones Newswires.
"Output increased in three of the four main industrial groupings within the economy in Q1 2014 compared with Q4 2013,'' the ONS said.
"In order of their contribution, output increased by 0.9 percent in services, 0.8 percent in production and 0.3 percent in construction. However, output decreased by 0.7 percent in agriculture.''
GDP was meanwhile 3.1-percent higher in the first quarter compared with the equivalent period of 2013. --AFP
   
Other Business breaking news:
US growth at unrevised 2.2pc in last quarter (03-27 20:42)
Nikkei gains erased at close (03-27 14:23)
Oil prices fall in Asia trade (03-27 13:23)
Yen weakens (03-27 12:34)
Hang Seng flat at mid-day (03-27 12:29)
China industries still in the red (03-27 12:07)
Yahoo okays additional US$2 billion share buybacks (03-27 11:17)
Nikkei gains by break (03-27 10:51)
Japan inflation stalls, household spending tumbles (03-27 10:25)
Hang Seng, Shanghai positive (03-27 10:19)

More breaking news >>

© 2015 The Standard, The Standard Newspapers Publishing Ltd.
Contact Us | About Us | Newsfeeds | Subscriptions | Print Ad. | Online Ad. | Street Pts

 


Home | Top News | Local | Business | China | ViewPoint | CityTalk | World | Sports | People | Central Station | Spree | Features

The Standard

Trademark and Copyright Notice: Copyright 2015, The Standard Newspaper Publishing Ltd., and its related entities. All rights reserved.  Use in whole or part of this site's content is prohibited.   Use of this Web site assumes acceptance of the
Terms of Use, Privacy Policy Statement and Copyright Policy.  Please also read our Ethics Statement.