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

Japanese Yen Slides Toward 40-Year Lows as Markets Doubt Immediate Government Action

The Japanese Yen came under renewed selling pressure at the start of the week, pushing …