UK economy grew 0.4% in February during national lockdown
The UK economy grew 0.4 per cent in February as the country endured the latest lockdown measures, official figures show.
Economic output remained 7.8 per cent down on its level a year earlier and 3.1 per cent below the initial recovery peak in October 2020, the Office for National Statistics reported.
Gross domestic product fell less than previously thought in January, down 2.2 per cent, not 2.9 per cent as had been estimated.
Restrictions were in place to varying degrees across all four nations of the UK throughout January and February.
The latest figures indicate the scale of recovery required as restrictions on shops, restaurants and other businesses begin to ease this week.
An Office for National Statistics (ONS) spokeswoman said: “The economy showed some improvement in February after the large falls seen at the start of the year but remains around 8% below its pre-pandemic level.