Dave Jose, adviser at Seer Green Financial Planning based in Newport said; “Comparing this to recent US GDP figures of 2.5% our economy has a long way to go before we can really see a sustained recovery.

“However, this is positive news especially in light of the high inflation figures and the recent rise in unemployment.

“We had expected this growth due to the specific factors affecting the previous quarter’s figure, but whilst we remain cautious about the future pace of growth, we would expect similar growth for the final quarter of this year.“

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