The UK economy grew by 0.1 percent between January and March of this year, the Office for National Statistics (ONS) said Friday.
The UK saw weak growth in the first three months of the year and shrank during March as the economy was affected by strike action, the office said in a statement.
The figure comes a day after the Bank of England said it was more optimistic about prospects for the UK and that the economy would avoid recession.
The ONS figures showed that while the economy grew slightly over the first three months of 2023, in March it contracted by 0.3 percent, with car sales and the retail sector having a bad month, it added.
The current second quarter could see a fall too given the extra bank holiday. But forecasters are looking for the second half of the year for growth to start climbing again.
Source: Kuwait News Agency