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- UK gross domestic product (GDP) grew by 0.4% in the three months to October
UK gross domestic product (GDP) grew by 0.4% in the three months to October
Commenting on today’s GDP figures for the three months to October, Head of National Accounts Rob Kent-Smith said:
“GDP growth slowed going into the autumn after a strong summer, with a softening in services sector growth mainly due to a fall in car sales. This was offset by a strong showing from IT and accountancy.
“Manufacturing saw no growth at all in the latest three months, mainly due to a decline in the often-erratic pharmaceutical industry. Construction, while slowing slightly, continued its recent solid performance with growth in housebuilding and infrastructure.”
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