The British economy recorded a 4.8% recovery in the second quarter of 2021, as the government began easing closure measures, according to official data Thursday.
According to Arab Net, the gross domestic product declined by 1.6 percent in the first three months of the year, while the gross domestic product is still 4.4 percent lower compared to what it was before Covid, according to a statement by the National Statistics Office.
During the second quarter, activity improved thanks to the gradual lifting of health restrictions, especially the reopening of bars and restaurants.
The GDP was mainly supported by household spending, which increased by 7.3%, while investment decreased slightly by 0.5%.
Growth slightly accelerated for the month of June alone to 1%, which is better than it was in May, during which the economy achieved a growth of 0.6%, but it was less than it was in April by 2.2%, which is the first month after Isolation at the beginning of the year.
In June, the British economy continued to recover strongly as the hotel and restaurant sector benefited from the first full month with indoor dining allowed, according to Jonathan Athow, a statistician at the Office for National Statistics.
The government immediately praised the recovery. Finance Minister Rishi Sunak said our economy is on the road to recovery and is showing strong signs of recovery thanks to our employment plan and the success of our vaccination programme.
He added that in the second quarter, the United Kingdom recorded the fastest growth rate for the Group of Seven countries, but warned that there were still challenges to overcome.
The United Kingdom is one of the developed countries hardest hit by the epidemic, with gross domestic product declining by nearly 10% last year, the worst in 300 years, and the number of deaths exceeding 130,000.
