PBR03: Growth expectations met

This easily beat 0.2% growth in France and no growth in Germany, and it was also stronger than the eurozone area, US and Japan.

‘This is the longest period of post-war growth since records were taken,’ Brown said.

He added that growth was expected to be between 3% to 3.5% for the next two years.

Inflation was put at 2.3% since 1997.

Related reading