MADRID, 11 Ago. (EUROPA PRESS) –
The United Kingdom’s gross domestic product (GDP) accelerated its growth in the second quarter to 0.2% compared to the expansion of 0.1% in the previous quarter, as reported by the Office for National Statistics (ONS).
The rebound in growth in Europe’s second largest economy reflects the 0.1% expansion in services, as well as 0.7% in production and 0.3% in construction.
In monthly data, British GDP grew by 0.5% in June, after contracting 0.1% in May and expanding 0.2% in April.
In June, the services sector grew by 0.2%, while production and construction grew by 1.8% and 1.6%, respectively. It is the first month since October 2022 that all three sectors contributed positively to GDP in the same month.
In this way, unlike the quarterly data, in the month of June the GDP of the United Kingdom was 0.8% above the level of February 2020, prior to the pandemic.
