GDP fell 1.6% in Quarter 1 (Jan to Mar) 2021, revised down slightly from a 1.5% fall in the previous estimate ow.ly/XhKA50Flvlu
The household saving ratio grew to 19.9% in Quarter 1 (Jan to Mar) 2021.
This is the second-highest growth on record after Quarter 2 (Apr to June) 2020 ow.ly/8L7J50FlvmH
The UK’s underlying current account deficit narrowed to £12.7 billion (2.3% of GDP) in Quarter 1 (Jan to Mar) 2021 ow.ly/iV3r50Flvo0
Commenting on our revised GDP figures for Quarter 1 (Jan to Mar) 2021, Deputy National Statistician for Economic Statistics @jathers_ONS said: (1/3)
.@Jathers_ONS continued: (2/3)
Talking about transactions between the UK and rest of the world (the balance of payments) @Jathers_ONS added: (3/3)
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