UK recovery to 'remain bumpy': Fund managers react to 0.1% GDP increase

Below economic forecasts

Lauren Mason
clock • 3 min read
Premier Miton's Emma Mogford

Premier Miton's Emma Mogford

UK GDP rose by 0.1% in July, marking the sixth consecutive month of growth for the economy, but also falling by 90 basis points compared to June’s uptick of 1%.

The figures from the Office for National Statistics came in well below forecasts of 0.5%, and mean the three-month over three-month rate of growth came in at 3.6%, compared to June's rate of 4.8%. ...

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