UK economy grew in the second quarter – ONS

The British economy nudged higher in the last quarter, official data showed on Friday, reversing an earlier estimate for a small decline.

The Office for National Statistics said UK GDP was estimated to have increased by 0.2% in the second quarter, after it revised its first estimate for a 0.1% contraction.

It noted that there continued to be weakness in the wholesale and retail trade, and in health industries. But services output was estimated to have increased by 0.2%, reflecting “an easing” in information and communication, and professional, scientific and technical activities output.

The ONS had previously estimated that services output had fallen by 0.4%, reflecting a reduction in Covid-19 activities.

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