UK Growth Remains Stagnant in Q2


The chained volume measure of gross domestic product increased 0.2 per cent in the second quarter of 2011, following positive growth of 0.5 per cent in the previous quarter.

The production industries decreased 1.4 per cent compared with a decrease of 0.1 per cent in the
previous quarter.

Manufacturing decreased 0.3 per cent. Mining and quarrying decreased 6.6 per cent and Electricity, gas and water supply decreased 3.2 per cent.

The production industries decreased 0.6 per cent between 2011 Q2 and 2010 Q2.

Construction increased 0.5 per cent compared with a decrease of 3.4 per cent in the previous quarter.

Distribution, hotels and restaurants increased 0.3 per cent compared with an increase of 0.9 per cent in the previous quarter. Hotels and restaurants made the largest contribution to the increase.

Transport, storage and communication increased 1.1 per cent compared with an increase of 2.5 per cent in the previous quarter. Land transport made the largest contribution to the quarterly growth.

Business services and finance increased 0.7 per cent, compared with an increase of 0.4 per cent in the previous quarter. The most significant positive contribution was from other business services.

Government and other services was unchanged, compared with an increase of 1.1 per cent in the previous quarter. Health made the largest positive contribution to the quarter, partially offset by a negative contribution from recreation.

GDP increased 0.7 per cent in 2011 Q2 compared with 2010 Q2.


TradingEconomics.com, UK Office for National Statistics
7/26/2011 10:00:20 AM