Scotland GDP growth confirmed at 0.5% in Q2Staff Writer | October 31, 2018
The Scottish economy grew by 0.5% during the second quarter of 2018, according to updated statistics announced by Scotland’s Chief Statistician.
Britain Change in gross domestic product is the main indicator of economic growth
The GDP Quarterly National Accounts publication includes a second estimate of growth for 2018 Quarter 2 using data released since the first estimate was published.
The Quarterly National Accounts also includes a range of other statistics which are used for economic analysis, forecasting and modelling.
Change in gross domestic product (GDP) is the main indicator of economic growth in Scotland. Two estimates of Scotland’s GDP growth are now published each quarter on a faster timetable than previously available. The first estimate for 2018 Quarter 3 will be published on 19 December. ■