The UK economy grew at the start of the year, after contracting in the previous month, led by the strong recovery in the services sector, preliminary figures from the Office for National Statistics showed Friday.
Monthly gross domestic product rose 0.3 percent from December when it shrank 0.5 percent. That beat economists' expectations for a modest 0.1 percent growth.
GDP was flat in the three months to January.
"Underlying volatility in the data means that GDP is effectively flatlining," ING economist James Smith said.
Subscribe to continue reading the article.
This article is part of our premium content offering.Subscribe with a RTTNews subscription.
Subscribe NowAlready subscribed? Sign in
by Jyotsna V
For comments and feedback: contact editorial@rttnews.com