Story perspectives
Scotland's GDP Grows 0.6% Amid Inflation Challenges
2/27/2025
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Story summary
- Scotland's onshore GDP increased by 0.6% in December 2024, building on November's 0.2% rise.
- Q4 growth remained stagnant at 0.0%, yet annual growth reached 1.1%, surpassing the UK's 0.9%.
- Services expanded by 0.3%, production surged by 2.3%, while construction declined by 0.2%.
- Ongoing inflation and rising costs continue to affect households and businesses.
