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Thursday, May 23, 2024

Economy Secretary Comments on Latest GDP Figures

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Pictured: Economy Secretary Kate Forbes.

Commenting on the monthly GDP statistics for July 2021, Economy Secretary Kate Forbes said:

“It is positive to see sectors, including the service sector which was particularly affected by the pandemic, continue to grow.

“Although monthly figures will fluctuate, especially in the current economic conditions, it is encouraging that the Scottish economy has grown by 3.4% in the last three months.

“Conditions remain difficult for many businesses – especially as a result of ongoing consequences from Brexit – however despite these challenges, the resilience and ingenuity of business and our labour market are creating conditions for sustainable economic growth.

“For our part, we will continue to do all we can to engage with businesses and create the conditions for them to grow and prosper in Scotland.”

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