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UK economy grew 0.7% in the three months to May

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THE UK economy grew in the three months to May, according to figures published this morning.

The Office for National Statistics said GDP grew by 0.7% in the three months to May.

This follows a growth of 0.8% in April and of 0.3% in March.

GDP is one of the main indicators used to measure the performance of a country’s economy.

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When it goes up, it means the economy is doing well. When it falls, it means the economy has shrunk. But when it shows no growth it’s not great either.

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