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As on: Mar 21, 2019 03:36 PM
Economic Buzz: UK Economic Growth Edges Higher For Second Month
11-Jan-19   15:55 Hrs IST
UK economic growth edged up for a second straight month in November, led by services and construction growth, the monthly estimate from the Office for National Statistics (ONS) showed on Friday. Gross domestic product expanded 0.2% from October, when the economy expanded 0.1%. Construction output rose 0.6% month-on-month in November while the services output rose 0.3% from the previous month after a 0.2% gain in October. The main driver to growth was retail sales, which saw a boost from Black Friday promotions. In the three months to November, GDP expanded 0.3% from the previous three months.

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