Thursday, October 23, 2014   

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:
Heineken Q3 sales dip, but toasts 2014 outlook (10-22 18:38)
Boeing and Chinese firm to turn 'gutter oil' into jet fuel (10-22 18:37)
EU's Juncker promises careful look at US trade deal (10-22 18:25)
Apple chief meets Chinese official amid iCloud hacking row (10-22 17:25)
Shaky Japanese economy hit by growing trade deficit (10-22 17:19)
Bank of England keeps rates steady (10-22 17:02)
Hang Seng finishes higher (10-22 16:23)
Soft Australian inflation supports low interest rates (10-22 13:17)
Hang Seng up by lunch (10-22 13:01)
Nikkei bounces back by break (10-22 11:13)

More breaking news >>

© 2014 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 2014, 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.