Following its first publication of quarterly GDP estimates for the regions in September, the ONS has now published its 2018 full year estimate of economic activity by UK country, region and local area using gross domestic product.
The figures showed the Welsh economy grew by c1.3% in 2018, similar to the 2017 growth rate. This placed Wales fifth (2017 ranking tenth) out of the twelve UK ‘regions.’
The UK and England growth rate in 2018 was 1.4%. Scotland grew by 0.9% and the Northern Ireland economy shrank by 0.5%.
Within the country, the Monmouthshire and Newport economy grew the fastest at 5.2%, followed...