Home Business news UK economy ground to a halt in July with no growth in...

UK economy ground to a halt in July with no growth in GDP – business live

57

UK GDP unchanged in July, after 0.4% growth in June

Here’s a chart showing how growth has slowed, when looking at GDP over a three-month period:

ONS director of economic statistics Liz McKeown says:

“Growth in the economy as a whole continued to slow over the last three months. While services growth held up, production fell back further.

“Within services, health, computer programming and office support services all performed well, while the falls in production were driven by broad based weakness across manufacturing industries.

Continue reading…UK GDP unchanged in July, after 0.4% growth in JuneHere’s a chart showing how growth has slowed, when looking at GDP over a three-month period:ONS director of economic statistics Liz McKeown says:“Growth in the economy as a whole continued to slow over the last three months. While services growth held up, production fell back further.“Within services, health, computer programming and office support services all performed well, while the falls in production were driven by broad based weakness across manufacturing industries. Continue reading…