UK Economy Beats Expectations With 0.4 Percent Growth
Britains economy grew by a stronger than expected 0.4 percent in July, extending robust performance from the first half of the year. Ongoing strength in the services sector helped offset declines in production and construction.
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United Kingdom's economy grew 0.4% in July, beating the flat median forecast from economists. The expansion extends momentum from the first half of the year despite ongoing headwinds. Gross domestic product topped expectations even as energy prices climbed.
