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UK economy unexpectedly jumps in May as doctors and travel agents get busy

Britain's new finance minister, Nadhim Zahawi, welcomed the signs of growth but said there was no room for complacency

Photo: Bloomberg
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London Heathrow Airport (Photo: Bloomberg)

Reuters London
Britain's economy grew unexpectedly in May, driven by a rise in doctor appointments but also broader demand for things such as holidays, according to data that could reassure the Bank of England about its plans to keep on raising interest rates.
 
Economic output expanded by 0.5% in May although consumer services fell as the surge in inflation hit shoppers.
 
A Reuters poll of economists had pointed to zero growth in May from April.
 
Health services were a major driver of growth, the Office for National Statistics said, citing "a large rise in GP appointments".
 
Road hauliers also had a busy

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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