UK economy unexpectedly grows in August despite fall in consumer spending
What the 3 sources said
“Surprise GDP growth as UK economy stronger than first thought”
The UK economy has surprisingly grown, despite predictions it would shrink, official figures show.
Read at Sky News – UK“UK economy unexpectedly grows in August despite fall in consumer spending”
Latest data showing surprise 0.1% growth is boost to John Healey a fortnight before his first budget The UK economy unexpectedly continued to grow in August despite a fall in consumer spending before chancellor John Healey’s budget. Figures from the Office for National Statistics showed gross domestic product (GDP) rose by 0.1% last month, compared with 0.4% growth in July. City economists had forecast the economy would shrink by 0.1%. Continue reading...
Read at The Guardian – World“UK economy unexpectedly grows 0.1% in August despite fall in consumer spending”
Latest data comes just two weeks before chancellor’s budget looks to help consumers traverse the cost of living crisis The UK economy unexpectedly continued to grow in August despite a fall in consumer spending before chancellor John Healey’s budget. Figures from the Office for National Statistics showed gross domestic product (GDP) rose by 0.1% last month, compared with 0.4% growth in July. City economists had forecast the economy would shrink by 0.1%. Continue reading...
Read at The Guardian – UKWhat the reports add
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