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Inverness
Saturday, December 7, 2024

GDP Monthly Estimates for June 2024 and Quarter 2 GDP figures

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Deputy First Minister Kate Forbes comments.

Commenting on a rise of 0.6% for the second quarter of 2024, with a decrease in onshore GDP of 0.3% for the month of June, Deputy First Minister Kate Forbes said:

“Overall these figures paint a picture of a growing and resilient economy.

“The Scottish Government has made economic growth a clear priority and I am pleased to see consistent overall growth over the past six months despite harsh economic climates.

“We are investing more than £5 billion in 2024-25 to drive the economy and further initiatives will be detailed in the forthcoming Programme for Government and our Green Industrial Strategy.

“Figures for the second quarter follow the trend seen across the UK and I am optimistic about Scotland’s medium and long term economic prospects, despite the restrictions of the devolution settlement and the continuing challenges posed by Brexit.

“We look forward to working with the UK Government to address these challenges.

“A strong economy is fundamental to achieving the Scottish Government’s priorities of eradicating child poverty, growing the economy, tackling climate change and improving public services.”

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