LONDON: The UK’s economy grew at a faster pace than initially estimated last year, revised official figures show.
The economy grew by 0.6% in the final three months of 2014, up from the previous estimate of 0.5%, the Office for National Statistics said.
The unexpected increase meant growth for the year was 2.8%, higher than the earlier estimate of 2.6%.
The revised rate marks the highest pace of annual growth since 2006, when the economy grew by 3%.
An expansion in both production and services as well as household spending helped to drive the increase, the official data suggested.
But the biggest contribution to the revised figure was a strong performance of exports, the ONS said.
