UK economy beats forecasts with 0.4% growth in July

Manshi Mamtora

• UK GDP grew 0.4% M/M in July, accelerating from 0.3% in June and beating expectations for no growth, with expansion across services, production, and construction.
• Services output rose 0.4%, led by a 3.7% jump in administrative and support activities and a 2.4% increase

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