Services sector powers rise in GDP
GDP grew by 0.2% in August, according to figures released by the Office for National Statistics (ONS) this morning (October 12).
The rise was powered by the services sector, which grew by 0.4%, but tempered by falls in production (0.7%) and construction (0.5%)
Darren Morgan, director of economic statistics at ONS, said: "Our initial estimate suggests GDP grew a little in August, led by strong growth in services, which was partially offset by falls in manufacturing and construction.
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