The UK economy has seen another month of slight growth, raising hopes that the country is moving out of recession.
Gross domestic product (GDP) grew by 0.1% in February, following an increase of 0.3% in January (revised from the earlier estimate of 0.2%), according to the latest data from the Office for National Statistics (ONS).
The UK officially entered recession at the end of 2023 after two consecutive quarters of economic contraction.
February saw strong growth in manufacturing output, particularly in the car sector, while there was a drop in construction as persistent rain hampered many building projects.
The services sector grew a little, with positive contributions from transportation and storage as well as telecommunications.
Looking at the past three months as a whole, the economy grew for the first time since last summer.
Chancellor Jeremy Hunt said that the figures were a “welcome sign that the economy is turning a corner”.
