Output of Scottish economy flat in first quarter
A National Statistics Publication for Scotland.
The output of the Scottish economy remained flat during the first quarter of 2016, according to GDP statistics announced today by Scotland’s Chief Statistician.
The latest Gross Domestic Product release, covering the period January to March 2016, shows that total output in the economy remained the same as the previous quarter.
On an annual basis, compared to the first quarter of 2015, GDP grew by 0.6%.
The services sector, which accounts for nearly three quarters of the economy, grew by 0.4% during the latest period, the production sector contracted by 1.2%, and construction output contracted by 1.5%.
The full statistical publication is available at http://www.gov.scot/Topics/Statistics/Browse/Economy/PubGDP/GDP2016Q1
This quarterly publication measures growth in real terms (adjusted for inflation) of Gross Domestic Product for Scotland.
Statistics in this release cover activities classified to the onshore economy in Scotland, and do not include oil and gas extraction in the North Sea.
Further information on Scottish economic statistics can be accessed at http://www.scotland.gov.uk/Topics/Statistics/Browse/Economy/
These estimates are compiled in line with the Code of Practice for Official Statistics – more information on the standards of official statistics in Scotland can be accessed at: http://www.scotland.gov.uk/Topics/Statistics/About
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