UK economy grows on camping and dining out
The services sector, according to the Office for National Statistics (ONS), contributed the most to economic growth in the first full month after all Covid restrictions were abolished in England.
Sports clubs, amusement parks, and festivals helped growth in arts, entertainment, and leisure by 9%, according to the report. Hotel and campground bookings were also in more demand. From July 19th, restrictions on social distancing were relaxed. The economy is now 0.8 percent smaller than it was before the pandemic, according to the ONS.
"The economy brightened up in August as the first full month without Covid-19 limitations in England helped bars, restaurants, and festivals," said Darren Morgan, director of economic statistics at the ONS.
Economic growth dipped by 0.1 percent in July, according to the ONS, contrasting to original predictions of 0.1 percent increase.