The economy of Scotland grew by 0.5% in the second quarter


GDP of Scotland, excluding oil and gas production in the North Sea, in the second quarter increased by 0.5% compared to the first quarter, when growth was 0.2%, the Scottish government reported. In the second quarter, Scotland outperformed the UK in terms of growth, the growth of which was 0.4%. Compared to the same period last year, the economy of Scotland increased by 1.7%, which is also higher than the growth of the British economy in 1.3%. Industrial production and power generation in Scotland grew by 4.6% in the second quarter, showing the highest growth rate since 2014. At the same time, production in agriculture and forestry decreased by 1.7%.

The information and recommendations contained in this analytical document are published strictly for information purposes and are not considered as an offer to buy or sell the trading tools mentioned above and are not intended to motivate to perform certain transactions
Something went wrong