Economic Indicators

UK economy grew by 0.5% in Q2

2024.09.30 02:19

LONDON (Reuters) – British economic output grew by 0.5% in the second quarter, slower than previously thought, figures from the Office for National Statistics showed on Monday.

© Reuters. FILE PHOTO: A person walks past the Bank of England, reflected in a puddle, in London, Britain, September 23, 2024. REUTERS/Mina Kim/File Photo

A preliminary ONS estimate for the second quarter had shown domestic product growth at 0.6%.

Economists polled by Reuters did not expect the quarterly growth pace to be revised in Monday’s updated data.



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