The economy grew by just 0.1% in the January to March according to the Office for National Statistics

Figures out this morning showed that The economy shrank 0.3% in March as retail and car sales fell sharply, and public sector strikes were more disruptive than February as NHS staff and teachers took to picket lines.

“Across the quarter as a whole growth was driven by IT and construction, partially offset by falls in health, education and public administration, with these sectors affected by strikes.” said Darren Morgan,Director of Economic Statistics, ONS adding that

The fall in March was driven by widespread decreases across the services sector. Despite the launch of new number plates, cars sales were low by historic standards – continuing the trend seen since the start of the pandemic with warehousing, distribution and retail also having a poor month.

 

 

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