UK economy posts surprise second-quarter growth as households kept spending

2 yıl önce

Skyline view of the City of London financial district.

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LONDON â The U.K. economy beat expectations with a surprise 0.2% growth in the second quarter, boosted by household consumption, the Office for National Statistics said Friday.

Economists polled by Reuters had expected the U.K. GDP to flatline in the second quarter, after eking out surprise growth of 0.1% in the first quarter, as the Bank of England's tightening of monetary policy and persistent inflation began to constrain demand.