This article is from the source 'bbc' and was first published or seen on . It last changed over 40 days ago and won't be checked again for changes.
You can find the current article at its original source at http://www.bbc.co.uk/news/uk-scotland-scotland-business-35976869#sa-ns_mchannel=rss&ns_source=PublicRSS20-sa
The article has changed 3 times. There is an RSS feed of changes available.
| Version 0 | Version 1 |
|---|---|
| Scotland's economy grows by 0.2% | Scotland's economy grows by 0.2% |
| (about 1 hour later) | |
| Scotland's economy grew by 0.2% in the last quarter of 2015 but trailed the UK's performance as a whole, according to official figures. | Scotland's economy grew by 0.2% in the last quarter of 2015 but trailed the UK's performance as a whole, according to official figures. |
| On an annual basis, Scottish Gross Domestic Product (GDP) grew by 0.9%. | On an annual basis, Scottish Gross Domestic Product (GDP) grew by 0.9%. |
| By comparison, UK GDP grew by 0.6% over the final quarter and by 2.1% on an annual basis. | By comparison, UK GDP grew by 0.6% over the final quarter and by 2.1% on an annual basis. |
| Scotland's services sector grew by 0.3% during the latest period, while the production sector contracted by 0.1%. Construction output expanded by 0.1%. | Scotland's services sector grew by 0.3% during the latest period, while the production sector contracted by 0.1%. Construction output expanded by 0.1%. |
| The previous quarter's estimate was revised down by Scotland's chief statistician from +0.1% to -0.1%, ending a sequence of 11 straight quarters of growth north of the border. | The previous quarter's estimate was revised down by Scotland's chief statistician from +0.1% to -0.1%, ending a sequence of 11 straight quarters of growth north of the border. |
| Meanwhile, the growth rate for the first quarter of last year was revised up - from 0.6% to 0.7%. | Meanwhile, the growth rate for the first quarter of last year was revised up - from 0.6% to 0.7%. |
| Scotland's services sector - which accounted for three-quarters of the Scottish economy in 2012 - expanded slightly in the final quarter of 2015. | |
| However, there was a contraction in Retail and Wholesale (-0.5%), Professional, Scientific, Administrative and Support Services (-0.5%) and Public Administration and Defence (-0.2%). | |
| This was countered by growth in sectors such as Accommodation and Food Services (0.3%), Transport, Storage and Communication (1.5%) and Financial and Insurance Activities (1.4%). | |
| The production sector saw growth in Manufacturing (0.3%) and Water Supply and Waste Management (1.9%), but there was a contraction in Mining and Quarrying Industries (-2.3%) and Electricity and Gas Supply (-0.8%). | |
| Within manufacturing there were contractions in sectors such as Textiles, Clothing and Leather Products (-1.2%) and Computer, Electrical and Optical Products (-4%). | |
| However, there was growth in Refined Petroleum, Chemical and Pharmaceutical Production (5.3%), Transport Equipment (1%), and Food, Beverages and Tobacco (1.6%). |