Jumat, 10 September 2021

UK economic growth slows sharply in July - BBC News

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PA Media

The UK economy grew by just 0.1% in July as the last Covid restrictions were lifted in England.

It was the economy's sixth consecutive month of growth, but the increase was much lower than in the previous month, which saw 1% growth.

Arts, entertainment and recreation activities helped to fuel the rise as more people resumed going out.

The UK economy is still 2.1% below its pre-pandemic peak, said the Office for National Statistics (ONS).

The ONS said there had been a boost from outdoor events such as sports clubs, amusement parks and festivals following the easing of restrictions on social distancing on 19 July in England.

However, the main contributor to growth was a 1.2% rise in production output, boosted by the reopening of an oil field production site, which was previously temporarily closed for planned maintenance.

Overall, GDP grew by 3.6% in the three months to July, the ONS said.

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https://news.google.com/__i/rss/rd/articles/CBMiLGh0dHBzOi8vd3d3LmJiYy5jby51ay9uZXdzL2J1c2luZXNzLTU4NTAyNTkz0gEwaHR0cHM6Ly93d3cuYmJjLmNvLnVrL25ld3MvYnVzaW5lc3MtNTg1MDI1OTMuYW1w?oc=5

2021-09-10 06:33:37Z
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