Home / Market Update / Britain’s economy grew 1% faster than expected in June

Britain’s economy grew 1% faster than expected in June

Official data revealed that Britain’s economy grew faster than expected at 1 percent in June.

A Reuters poll of economists had indicated a 0.8 percent growth in gross domestic product on a monthly basis.

The Office for National Statistics also revised its growth estimate for May down to 0.6 percent from an originally reported increase of 0.8 percent.

Check Also

Oil Prices Leap as Ukraine Strike Rekindles Fears of Supply Disruptions

Oil markets surged on Friday after a new wave of Ukrainian drone strikes hit a …