oh GDP The United Kingdom's (gross domestic product) grew slightly more than expected in the first quarter of 2024, benefiting the region facing difficulties with the ruling Conservatives ahead of next week's parliamentary election.
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According to data released this Friday (28), GDP grew by 0.7% between January and March this year compared to the same period in 2023. Earlier estimates had predicted a 0.6% increase in the quarter.
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On an annualized basis, GDP rose 2.9% from previous estimates.
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The strong growth forecast comes just a week before UK voters go to the polls in parliamentary elections.
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Prime Minister Rishi Sunak has called for an early election by the end of May, as the economy begins to recover from stagnation in recent years, given the sunny climate among the population. From information “value”.
Primary deficit widens to R$63.9 billion in May; 2.53% of GDP
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In May, the consolidated public sector recorded a primary deficit of R$63.9 billion, an increase compared to a negative balance of R$50.2 billion in the same period in 2023 and higher than the R$58 billion forecast by LSEG consensus analysts.
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In the last twelve months, the accumulated deficit of the consolidated public sector reached R$280.2 billion, which is 2.53% of GDP, an increase of 0.11 percentage points compared to the accumulated deficit in the twelve months to April.
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According to data released by the central bank this Friday (28), the central government presented a deficit of R$60.8 billion, while regional governments recorded a negative balance of R$1.1 billion, and state-owned enterprises had a deficit of R$2 billion. Last month.
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The consolidated public sector nominal result, which includes primary result and nominal interest paid, was a deficit of R$138.3 billion in May.
Henry Blackwell is a contributor at Mediarunsearch.co.uk, covering a wide range of topics including news, politics, business, technology, sport, entertainment, and lifestyle. He focuses on delivering clear, balanced reporting and useful information that helps readers stay informed about current events and emerging developments. His work highlights stories that matter to everyday audiences, with an emphasis on accuracy, relevance, and accessible journalism.