UK GDP expands 0.5% in February, beating expectations

Services and construction drove a surprise 0.5% jump in February

UK GDP expanded by 0.5% in February, far exceeding the 0.1% growth economists expected, though the gain arrives just as a new war in the Middle East threatens to erase it. The surge suggests the economy was gaining momentum before military operations began on February 28, creating a stark contrast between the official data and … Read more