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Europe Economy: 
UK GDP Advances 0.6% in Q4
Author: 123jump.com Staff
123jump.com
Last Update: 9:38 AM EST February 27 2008



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GDP grew by 0.6% in the fourth quarter of 2007. This compares to 0.7% in the previous quarter. The level of GDP is now 2.9% higher than the fourth quarter of 2006. The slower growth in the latest quarter was driven mainly by weaker growth of services output. The output of the production industries rose by 0.1%. Output of utilities rose by 1.7% and mining and quarrying by 0.3%.

 

 

 

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