The British economy grew by 0.5% in the third quarter of 2004 from the figure for the second quarter of the year, official figures showed today.
Growth in quarterly gross domestic product (GDP) was revised upwards from a previous estimate of 0.4%, the National Statistics Office said. The change was due to upward revisions to estimates of production, construction and services output, it added.
The 12-month rate of growth of output stood at 3.1% in the three months to September from the same period of 2003, unchanged from the previous estimate, published in November.
The 12-month figure compared with a 3.6% blistering pace seen in the second quarter of 2004 - the fastest for almost four years.
