UK gross domestic product grew 0.8 percent in January, in contrast to the 0.2 percent fall in December, when the Omicron variant of the coronavirus and Plan B restrictions had a more significant impact. All sectors expanded in January, with services posting 0.8 percent expansion, underpinned by wholesale and retail trade. Industrial production was up 0.7 percent, preliminary driven by 0.8 percent growth in manufacturing. Construction output increased 1.1 percent, following an increase of 2.0 percent in December.
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