GDP Increase Not Recession Fears But Growth

GDP increased by 0.6% in the second quarter of 2013 compared with Q1 2013. The four major industrial groupings in the economy increased in Q1 2013 compared with Q2 2013. The largest upward contribution to the increase in GDP came from services with an increase of 0.6% adding 0.48% to the total GDP increase. Agriculture increased by 1.1%, production 0.6% and construction 0.9% (ONS).