UK economy rebounds in unexpected boost to govt
April 12, 2025 00:00:00
LONDON, April 11 (AFP): Britain's economy grew more than expected in February, official data showed Friday, in a rare piece of good news for a Labour government that has made kickstarting growth a top priority.
Gross domestic product rose 0.5 percent in the month, rebounding from an upwardly revised figure of zero percent growth in January, the Office for National Statistics (ONS) said.
The figures are an unexpected boost for the government -- battling stubborn inflation and uncertainty over US tariffs -- and comes after the country recently halved its 2025 growth forecast.
Analysts had estimated a 0.1 percent increase in GDP in February, after previous unrevised data had shown that the economy slightly shrank in January.