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British Economic Growth Reached 0.3%

According to the Office for National Statistics (ONS), the British economy during the first three months of the year 2010 has been growing much faster than those estimates, around 0.2%. UK economic growth rate reached 0.3% between January to March 2010 this. Industrial production and business services play a major role in economic growth earlier this year.


Although the numbers achieved quite good English but still lower than that achieved in 2009 which reached 0.4%. Industrial output growth was also revised to 1.2% from the previous prediction that only reached 0.7%. The manufacturing sector also grew about 1.2%. While the level of private consumption tend not to describe the increase so it can be said the British economy is still far from balanced.

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