Scottish Secretary responds to Scotland's GDP for third quarter of 2022
Despite worldwide challenges, Alister Jack says we must remain focussed on economic recovery
The latest Scottish GDP figures for the third quarter of 2022 (July-September) are published here today and show a 0.2 per cent decline on the previous quarter’s figures. The same was noted earlier this month for UK-wide GDP.
Commenting on the figures, Scottish Secretary Alister Jack said:
The UK Government is doing everything in its power to restore economic stability, reduce inflation and achieve sustainable long-term growth – as we deal with global challenges.
We are giving extra support to those who need it most through help with energy bills, increasing benefits and pensions in line with inflation and raising the National Living Wage. All of this is on top of an additional £1.5 billion for the Scottish Government to help support public services in Scotland.