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UK exits recession with stronger-than-expected growth

NNA - Britain's economy emerged from a short-lived recession in the first quarter with stronger-than-anticipated growth, upwardly revised data showed Friday, lifting embattled Prime Minister Rishi Sunak before next week's general election.

Gross domestic product grew 0.7 percent in the first three months of this year, the Office for National Statistics (ONS) said, upgrading the prior growth estimate of 0.6 percent. Market expectations had been for no change.

The surprise modest improvement was driven by the services sector, with slightly stronger activity in the professional services, transport and storage. -- AFP

 

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تابعوا أخبار الوكالة الوطنية للاعلام عبر أثير إذاعة لبنان على الموجات 98.5 و98.1 و96.2 FM

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