Services sector slowdown halts Scotland’s GDP growth in April
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Scotland’s economic growth came to a halt in April 2024, with onshore GDP remaining flat at 0%, according to the chief statistician.
This follows an upwardly revised growth of 0.5% in March.
Growth for the three months to April reached 0.8%, a slight improvement from the 0.7% seen in the first quarter of the year. However, the services sector, which makes up approximately three-quarters of the economy, experienced a 0.1% contraction in April.
This decline was offset by a 1.4% growth in the production sector, with manufacturing output making the largest contribution to overall GDP.
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