UK GDP grew only 0.1% mom in Feb, production contracted

UK GDP grew 0.1% mom only in February, below expectation of 0.3% mom. Services was the main contributor to growth, up 0.2% mom. But that was offset by -0.6% mom contraction in production, and -0.1% mom in construction. Overall monthly GDP was 1.5% above its pre-coronavirus level in February 2020. Services was 2.1% above that […]

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