UK construction grew 2.3% in Q2

The UK construction industry grew 2.3% in Q2 2011 compared with the previous three months, figures from the Office for National Statistics show.

This is much faster than the 0.5% figure previously predicted and used to calculate GDP in Q2.

The ONS says the GDP figure may now be revised upwards.

It says: “Given today’s figures for construction output in Q2, GDP growth in Q2 would be revised up by 0.1 percentage points.”

Its original estimate for UK growth in Q2 was 0.2%.

 

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