ONS: Output increased in three main industrial groups

The change in gross domestic product (GDP) - the main indicator of economic growth - increased by 0.8% in the first three months of 2014 compared with growth of 0.7% in quarter four of 2013, the Office for National Statistics said.

  • Output increased in three of the four main industrial groupings within the economy in the first three months of 2014 compared with quarter four 2013. Output increased by 0.9% in services, 0.8% in production and 0.3% in construction. However, output decreased by 0.7% in agriculture.
  • In quarter one in 2014 GDP was estimated to be 0.6% below the peak in quarter one in 2008. From peak to trough in 2009, the economy shrank by 7.2%.
  • GDP was 3.1% higher in quarter one 2014 compared with the same quarter a year ago.

The full results have been published on the ONS website.

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UK economy grows by 0.8% in first quarter of 2014

The UK economy grew by 0.8% during the first quarter of 2014, the Office for National Statistics estimated today.