UK economy grows by 0.1% in the first quarter but inflation continues to weigh


A member of the public walks through heavy rain near the Bank of England in May 2023.

Dan Kitwood | Getty Images News | Getty Images

LONDON — The U.K. economy grew by 0.1% in the first quarter, following an unexpected contraction in March, official figures showed on Friday.

Economists polled by Reuters had forecast the same growth figure for the first three months of the year, but expected stagnation in March, versus the 0.3% fall recorded.

The construction sector expanded by 0.7%, while manufacturing performance went up by 0.5% in the first quarter, with 0.1% growth logged in services and production. On a monthly basis, services dropped by 0.5% in March, particularly because of declines…


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