Economic growth slows again to 0.2% in the final three months of 2018 - News Summed Up

Economic growth slows again to 0.2% in the final three months of 2018


The UK's economic slowdown continued in the final three of months of 2018 as growth fell to just 0.2 per cent - with the annual performance the worst in nearly a decade. Monthly GDP figures are generally more turbulent than quarterly data. It means Britain's economy grew by just 1.4 per cent in all of 2018, the worst year since 2009 and the aftermath of the financial crash. 'Six consecutive months of decline for the manufacturing sector hasn't happened since 2009. Although services output was up, growth slowed to 0.4 per cent following a relatively strong performance during the summer.


Source: Daily Mail February 11, 2019 10:02 UTC



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