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UK economy grew by better-than-expected 0.5% in three months to February

BY Reuters | ECONOMIC | 02:05 AM EDT

LONDON, April 16 (Reuters) - Britain's economy grew by a better-than-expected 0.5% in the three months to February, official figures showed on Thursday.

Economists polled by Reuters had forecast 0.2% growth in gross domestic product for the December-February period compared with the previous three months.

In February alone, the economy grew by 0.5%, the Office for National Statistics said, against expectations for a 0.1% increase. (Reporting by Andy Bruce and Suban Abdulla; Editing by William James and Muvija M)

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Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

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