ISLAMABAD:Britain’s economy failed to grow as expected in February, but a bounce in January was stronger than first thought, official data showed on Wednesday.
The Office for National Statistics (ONS) said the economic output was flat in month-on-month terms in February.
A Reuters poll of economists had pointed to a growth of 0.1%. The ONS revised January’s economic growth up to 0.4% from a previous estimate of 0.3%.
Output from the vast services sector contracted by 0.1% in February, hurt by strikes, but was offset by a surge in construction output, the ONS said.