UK GDP falls 1.5 pct in Q1 but rebounds after lockdown eased in March: ONS
UK GDP falls 1.5 pct in Q1 but rebounds after lockdown eased in March: ONS Xinhua 13 May 2021, 02:05 GMT+10 LONDON, May 12 (Xinhua) -- Britain's gross domestic product (GDP) recorded a 1.5 percent quarterly shrink in the first quarter (Q1) this year amid lockdown measures, but the economic output rebounded in March after COVID-19 restrictions eased, the British Office for National Statistics (ONS) said Wednesday. The level of GDP in Q1 fell by 6.1 percent when compared with the same quarter a year ago and is 8.7 percent below where it was before the pandemic at Q4 (October to December) 2019,...