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Markets

UK economy climbs 0.8% in May as lockdown eases

  • It was a fourth consecutive month of growth, leaving the economy 3.1-percent below the pre-pandemic level seen in February 2020
Published July 9, 2021 Updated July 9, 2021 11:39am
By

LONDON: Britain's economy grew by 0.8 percent in May as restaurants and pubs welcomed customers back indoors for the first time since the end of last year, official data showed Friday.

It was a fourth consecutive month of growth, leaving the economy 3.1-percent below the pre-pandemic level seen in February 2020, the Office for National Statistics said in a statement.

Economic activities between Pakistan and UK: LCCI, Hounslow CCI ink MoU to increase cooperation

Output meanwhile grew 3.6 percent in the three months to May, "mainly because of strong retail sales and the reopening of food and beverage service activities", the ONS added.

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