| GDP Growth
Economy grows by 0.6% in Q1 2005
GDP rose by 0.6% in the first quarter of 2005. This is down from 0.7% in the previous quarter.
Total output from the production industries fell by 0.1%. Manufacturing rose by 0.1%. This was more than offset by a fall of 0.6% in mining and quarrying (including oil and gas extraction) and a fall of 1.3% in electricity, gas and water supply.
Services rose by 0.8%, compared with 0.9% in the fourth quarter of 2004.
Distribution, hotels and restaurants fell by 0.1 %. There was decreased output from retailing and public houses and bars. Wholesaling increased.
Transport and communication rose by 0.4%, compared with 1.6% in the fourth quarter of 2004. The weakening of growth was due to a range of transport services and post and courier.
Business services and finance rose by 1.4%. Both business services and financial services increased.
Government and other services rose by 0.9% in the first quarter of 2005. Both government services and other services increased.
Construction rose by 0.6% in the first quarter compared with 1.2% in Q4 2004.
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