uk gdp growth slows to 0.4% in first quarter of 2016 /

Published at 2016-04-27 12:03:47

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Office for National Statistics dismisses any evidence of ‘Brexit effect’ as services continued to compensate for slumps in other sectorsBritain’s economy slowed sharply in the first three months of 2016 as factors unrelated to the looming in/out EU referendum set a brake on growth.
The Offic
e for National Statistics (ONS) said there was no evidence for or against a “Brexit effect” on gross domestic product (GDP) as it reported that output expanded by 0.4% in the first quarter – down from 0.6% in the final three months of 2015.
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Source: theguardian.com

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