12 September 2025, 09:41 United Kingdom: GDP Stalls as Expected.
The British economy stalled from a month earlier in July 2025, in line with expectations, after expanding 0.4% in June. Services edged up 0.1%, supported by transportation and storage (+1.4%) and human health and social work (+0.4%), but growth was held back by a 0.7% drop in information and communication. Construction also rose 0.2%, led by private housing repair (+2.4%) and new housing (+1.2%). These gains were countered by a 0.9% fall in production, with manufacturing down 1.3%; electronics (-7.0%) and pharmaceuticals (-4.5%) were the main drags, partially offset by electrical equipment (+3.3%). Mining, quarrying, and utilities also declined, while water supply increased. Over the three months to July, GDP rose 0.2%, as services (+0.4%) and construction (+0.6%) were weighed down by a 1.3% decline in production. On a yearly basis, GDP grew 1.4%, the same pace as in June, slightly below expectations of a 1.5% expansion.
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