Scotland's quarterly growth slowed sharply


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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