GDP is estimated to have grown by 0.7 percent in Quarter 1 (Jan to Mar) 2024, revised up from a first estimate of 0.6 percent.

The household saving ratio is estimated to be 11.1 percent in Quarter 1 (Jan to Mar 2024), up from 10.2 percent in Quarter 4 (Oct to Dec) 2023.

The underlying UK current account deficit narrowed to £23.8billion (3.5 percent of GDP) in Quarter 1 2024, down from £26.3billion (3.9 percent of GDP).

Services grew by 0.8 percent with production also seeing a rise of 0.6…