britains 2015 economic growth upgraded
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Britain's 2015 economic growth upgraded

Arab Today, arab today

Arab Today, arab today Britain's 2015 economic growth upgraded

Bystanders visiting the Royal Observatory Greenwich look towards London's financial district
London - AFP

Britain's economy last year grew slightly faster than thought after a better-than-expected final quarter, official data showed on Thursday.

Gross domestic product -- the total value of all goods and services produced by a country -- expanded by 2.3 percent in 2015, the Office for National Statistics said in its final estimate.

That was a shade higher than an estimate of 2.2 percent given last month. However, it still marked a slowdown from 2.9-percent expansion in 2014.

GDP grew by 0.6 percent in the October-December period, or fourth quarter, upgraded from 0.5 percent.

"GDP growth was a pleasant surprise," said Brenda Kelly, head analyst at traders London Capital Group.

It comes after the British government recently cut its economic growth outlook citing global markets turbulence rooted in China.

Britain's economy was forecast to grow by only 2.0 percent this year, down from a November estimate of 2.4 percent.

And gross domestic product growth was expected to stand at 2.2 percent next year, down from an earlier predicted 2.5 percent.

 

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

britains 2015 economic growth upgraded britains 2015 economic growth upgraded

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

britains 2015 economic growth upgraded britains 2015 economic growth upgraded

 



GMT 11:40 2018 Friday ,05 January

Zuckerberg makes 'fixing' Facebook a personal goal

GMT 01:05 2014 Thursday ,13 February

Flora

GMT 21:50 2017 Wednesday ,25 October

Abdullah bin Zayed visits WorldSkills Abu Dhabi 2017

GMT 16:33 2017 Tuesday ,04 July

Hany Ramzy happy for positive reactions

GMT 20:11 2018 Wednesday ,05 December

EU wants INF Treaty 'preserved and fully implemented'

GMT 21:01 2018 Sunday ,25 November

Oil prices plummet amid U.S. drilling rigs down

GMT 13:01 2016 Sunday ,28 August

China's Top 500 Firms Report First Revenue Decline

GMT 04:46 2014 Thursday ,11 December

Taliban suicide blast kills 6 Afghan soldiers in Kabul

GMT 11:10 2018 Wednesday ,17 January

MP Hariri welcomes Sho
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday