UK GDP Growth Beats Expectations in February

2025-04-11 06:17 By Joana Taborda 1 min. read

The British economy expanded by 0.5% month-over-month in February 2025, following a revised flat reading in January and surpassing expectations of a 0.1% increase.

This marked the strongest monthly performance in eleven months.

Industrial production surged by 1.5%, rebounding from a 0.5% decline in January, driven primarily by a 2.2% rise in manufacturing output.

Notably, production of computer, electronic, and optical products soared by 9.8%, while pharmaceutical preparations rose by 4.4%.

Additionally, utilities supply increased by 2%, although mining contracted by 3%.

Services grew by 0.3%, building on a 0.1% gain in the previous month, with notable contributions from computer programming, consultancy, and related activities (2.0%), telecommunications (3.5%), and publishing (6.4%).

Meanwhile, construction rose by 0.4%, recovering from a 0.3% decline, led by public new work and repair and maintenance.

Considering the three months to January, the GDP grew by 0.6%.



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