Gdp

Scotland's onshore GDP saw a slight decline of 0.3% in June, following a 0.2% growth in May. The overall picture for Q2 remains positive, with 0.6% growth, compared to Q1's 0.5%. The largest contribution to headline GDP in was electricity & gas supply, which contributed 0.3 percentage points to

The UK economy grew by 0.6% in the second quarter of 2024, matching expectations and marking a continued recovery from last year's recession. However, monthly GDP growth was flat in June due to poor weather impacting retail sales. Experts warn that challenges remain for sustaining long-term growth,

Scotland’s onshore GDP grew by 0.3% in May, following growth of 0.2% in April, according to statistics announced by the Chief Statistician. In the three months to May, GDP is estimated to have grown by 0.9% compared to the previous three month period. This indicates an increase relative to the

The UK's GDP grew 0.4% during May, leading experts to suggest the Bank of England may further delay a cut to the base rate.

UK economic growth in Q1 2024 was marginally stronger than initial estimates, revised upwards to 0.7% from 0.6%, according to the Office for National Statistics. National accounts for the first quarter showed the rise was fuelled by consumer spending and net trade, though slightly offset by weaker b

Scotland's economic growth came to a halt in April 2024, with onshore GDP remaining flat at 0%, according to the chief statistician.

The UK's GDP remained unchanged in April, but analysts believe the economy is still likely to grow at a decent pace in Q2.

Following growth of 0.1% in February, Scotland’s onshore GDP grew by 0.4% during March 2024, according to statistics announced by the Chief Statistician. In the first quarter of 2024 – the three months to March – GDP is estimated to have grown by 0.7% compared to the previous three

The UK economy has signalled a recovery after two years of stagnation as 0.6% growth was recorded for Q1. Growth in March surged by 0.4%, following a 0.2% rise in February, resulting in a quarterly growth of 0.6%. The expansion was predominantly driven by the services sector, with manufacturing also

Following 0.6% growth in January, Scotland's economy experienced a slight setback in February 2024, with onshore GDP contracting by 0.3%, according to statistics announced by the Chief Statistician. On a positive note, in the three months to February, GDP is estimated to have grown by 0.4%

The UK's gross domestic product (GDP) rose by 0.1% in February, with the manufacturing and services sectors posting higher output, offsetting a significant decline in construction activity.

Following unrevised 0.4% growth in December 2023, Scotland's onshore GDP grew by 0.6% in January 2024, according to the Chief Statistician.

The UK economy has exhibited indications of a potential recovery, as January's GDP growth of 0.2% reversed most of the decline experienced in the latter part of 2023. The rise, driven by a rebound in retail sales and robust construction activity, aligns with market expectations and could signify the

Official figures have revealed that the UK has entered a technical recession at the close of 2023.

Scotland's onshore GDP faced a marginal contraction of 0.1% in November, a slight improvement from the revised figure of -0.6% in October 2023, according to the latest data announced by the chief statistician.