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UK GDP flat over the year

Wednesday, 25th April 2012
The ONS said today the chained volume measure of GDP decreased by 0.2 per cent in Q1 2012.

Output of the production industries decreased by 0.4 per cent in Q1 2012, following a decrease of 1.3 per cent in the previous quarter.

Construction sector output decreased by 3.0 per cent in Q1 2012, following a decrease of 0.2 per cent in the previous quarter.

Output of the service industries increased by 0.1 per cent in Q1 2012, following a decrease of 0.1 per cent in the previous quarter.

GDP in volume terms is flat in Q1 2012, when compared with Q1 2011.


Story provided by StockMarketWire.com


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