British growth

British 1Q GDP and Current Account

June 28, 2011

U.K. real GDP rose 0.5% in the first quarter.  This rounded rate of growth according to the second revision of the national income accounts was the same as calculated previously, but the on-year rate was revised downward to 1.6% from 1.8%.  Personal consumption, business final capital fixed investment, and inventories made negative contributions to the […] More