HomeLive CommentsUK Q2 GDP finalized as -0.2% qoq, services the only positive contribution

UK Q2 GDP finalized as -0.2% qoq, services the only positive contribution

UK GDP contraction was finalized -0.2% qoq in Q2, matched expectations, revised. Over the year, GDP grew 1.3% yoy, down from 2.1% yoy in Q1. In the quarter, services rose 0.12%, the only positive contribution to growth, but that was the weakest quarterly figure in three years. production contracted -0.24%. Construction dropped -0.07%. Agriculture was flat.

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