Coronavirus: Slight increase in economic output during May

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Scotland’s economy has seen a modest increase in output, new figures show.

Latest Gross domestic product (GDP) figures show the economy grew by 1.5% in May.

The increase comes after falls in March and April, when economic growth fell by 18.9% in the wake of the coronavirus lockdown.

Despite the slight pickup in May, economic output remains 22.1% below the level in February before the Covid-19 crisis took hold.

A breakdown of the figures shows some parts of the retail and wholesale sector were among the strongest performing.

In manufacturing, output is estimated to have increased by 7.1% during May, which the Scottish government report says “reflects a pickup across many parts of the industry as producers adapted to physical distancing requirements”.

In the construction sector, total output is estimated to have increased by 8.2% in May, after falling by 40.1% in April.

Economy Secretary Fiona Hyslop said: “Although there was a slight rise in GDP in May, these figures once again confirm the serious impact the coronavirus pandemic is having on the economy across the UK.

“We are determined to do everything in our power to support economic recovery and protect people’s jobs and livelihoods throughout this crisis.”

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