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Thursday, October 15, 2026

UK GDP rises more than expected in August as goods trade gap narrows

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The UK economy expanded 0.1% M/M in August 2026, beating market expectations of a 0.1% contraction, while annual GDP growth accelerated to 2.1%, its strongest increase since October 2022, from 1.8% in July.

The UK's goods trade deficit narrowed to £18.01B in August 2026 from £19.3B in July, coming in below market expectations of a £21.8B deficit.

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