UK economy grows for third month in a row as Covid controls ease | Economic growth (GDP)

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The UK economy grew by 2.3% in April as Covid-19 lockdown measures were relaxed, according to official figures.

The Office for National Statistics said GDP rose for the third consecutive month as pandemic restrictions were scaled back across all four nations of the UK, with the economy growing at the fastest pace since July last year.

The reopening of non-essential shops, pubs and restaurants fuelled a sharp rise in consumer spending. However, the economy still remains 3.7% below its pre-pandemic level.

Jonathan Athow, the deputy national statistician for economic statistics at the ONS, said: “Strong growth in retail spending, increased car and caravan purchases, schools being open for the full month and the beginning of the reopening of hospitality all boosted the economy in April.”

Hafta Ichi
Source: The Guardian
Keyword: UK economy grows for third month in a row as Covid controls ease | Economic growth (GDP)

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