The UK’s economy sees growth in May

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Surprised economists, the UK’s economy grew in May, despite a contraction in April.

According to figures released by the Office for National Statistics on Wednesday, output grew by 0.5% between April and May. This is a significant improvement over the flat performance predicted by economists polled at Reuters.

Darren Morgan, ONS director of economic statistics, said that “the Economy rebounded in May with growth across all main sectors.”

He said that health was the main driver. Many more people are seeing their GPs despite the Covid-19 testing-and-trace and vaccinating programs ending. The services output increased by 0.4%, while human health and social work activities grew by 2.1%.

The busy month was also a busy one for road hauliers, and travel agencies did well due to the high demand for summer holidays.

After several difficult months, there was widespread growth in manufacturing. Construction also saw growth with the housebuilding and office renovations driving growth.

Chancellor Nadhim Zahawi said: “It’s always great to see the economy growing but I’m not complacent. I know people are concerned so we are continuing to support families and economic growth.”

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