economy United Kingdom
UK economy grows 0.1% in August
0.1%
UK GDP rose in August
UK GDP rose 0.1% in August, according to the Office for National Statistics, after growing 0.4% in July. The result exceeded economists’ forecast of a 0.1% contraction.
1 sourceThe GuardianUpdated
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- 0.1%
UK GDP rose in August
“gross domestic product (GDP) rose by 0.1% last month”
- 0.4%
UK GDP grew in July
“compared with 0.4% growth in July”
Consumer spending fell before the chancellor’s budget
“despite a fall in consumer spending before chancellor John Healey’s budget”
- -0.1%
City economists forecast UK GDP would shrink in August
“City economists had forecast the economy would shrink by 0.1%”