British economy grows 0.8% in second quarter: data
Quotes

British economy grows 0.8% in second quarter: data

Last Updated: Friday, August 15, 2014, 14:55
 
 Comment 0
 
British economy grows 0.8% in second quarter: data
London: Britain`s economy grew by 0.8 percent in the second quarter of 2014 compared with output in the first three months of the year, official data showed on Friday.

Gross domestic product had also expanded by 0.8 percent during the first quarter of the year, the Office for National Statistics said in a statement, confirming initial estimates provided last month.

GDP grew by 3.2 percent in the April-June period compared with the second quarter of 2013, slightly up on the initial estimate of 3.1 percent.

At 0.8 percent quarter-on-quarter, Britain`s economy overtook the size it achieved before the global financial crisis of 2008.

While Britain`s economy shows signs of solid recovery, growth in the 18-country eurozone ground to a halt in the second quarter, official data showed on Thursday, dragged down by France and Germany and casting a cloud over the crisis-hit region.


AFP

First Published: Friday, August 15, 2014, 14:55


Comments


comments powered by Disqus
Apple Smartwatch unveiled
Apple Smartwatch unveiled
Apple iPhone 6, iPhone 6 plus
Apple iPhone 6, iPhone 6 plus
Samsung Galaxy Tab 4 Nook
Samsung Galaxy Tab 4 Nook
BMW-X3
BMW-X3
Forbes Best Places for Biz 2014
Forbes Best Places for Biz 2014

Web Wrap
Contact Us : Privacy Policy : Legal Disclaimer
Copyright © Zee Media Corporation Ltd. All rights reserved