Scotland's quarterly growth slowed sharply

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The Scottish government reported that in the third quarter, GDP, which did not take into account the oil and gas industry in the North Sea, increased by 0.3% compared to the second quarter, when the economic recovery was at 0.5%. Thus, Scotland’s GDP growth not only slowed down, but turned out to be 2 times lower than the UK GDP growth of 0.6% in quarterly terms. Compared with the same period last year, the Scottish economy grew by 1.5%. The index coincided with the growth of the British economy as a whole. The rise for the quarter was recorded in the services sector by 0.3%, in construction - by 2.7%. At the same time in the field of industrial production there was a decrease of 0.7%.

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