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UK Economy Returns to Growth But Slowdown Fears Persist

UK Economy Returns to Growth But Slowdown Fears Persist

The UK economy returned to growth in May after shrinking in April, but the news failed to allay fears of a future slowdown, the BBC reports.

The economy grew 0.3% from the month before, after declining 0.4% in April, according to the Office for National Statistics (ONS).

Growth for the three months to May was 0.3%, with all sectors showing growth.

But economists say that June's growth figures will have to be strong to avoid contraction in the second quarter.

A partial recovery in car production, which had fallen sharply in April, was the main reason for the economy's upturn in May, said Rob Kent-Smith, head of GDP at the ONS.

Factory shutdowns designed to cope with disruption from a March Brexit had slashed UK car production in April by nearly half.

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