UK economy grew 0.1% in August, exceeding expectations
IMF Invesco Managed Futures Strategy ETF
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View chart & analysis → - 1The UK Office for National Statistics reported that the UK economy grew by 0.1% in August, performing better than analysts expected.
- 2Liz McOwen, Director of Economic Statistics, said computer programming contributed most to the total economic growth of 0.7% for the UK economy over the three months leading up to August.
- 3IMF Managing Director Kristalina Georgieva added that the UK shows a slightly better growth outlook than other G7 nations.
So what's the key point?
The UK economy grew by 0.1% in August, performing better than experts predicted. The outlook for future growth appears brighter than in other major countries.
Source BBC +1 · View original ↗
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