Estimated 1% Growth In GDP In Q3

GDP was estimated to have increased by 1% in the third quarter of the year compared with the previous quarter according to a statistical bulletin from the ONS. Production increased by 1.1%, construction decreased by 2.5% and services increased by 1.3%. Manufacturing contributed the most to the increase in production and agriculture increased by 2.2%. In the services sector distribution, hotels and restaurants grew by 1.6% as did government and other services, business services and finance contributed 1% growth and transport, storage and communiaction 0.8%.