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UK economy grows in second quarter

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Britain’s economy expanded slightly over the second quarter thanks to strong output in June and despite inflation remaining high, official data showed Friday.

Gross domestic product grew 0.2 percent in the April-June period after output expanded 0.1 percent in the first quarter, the Office for National Statistics said in a statement.

“Across the quarter as a whole, GDP grew a little with widespread growth across manufacturing, aided by falling raw material prices,” said Darren Morgan, director of economic statistics at the ONS.

The economy grew by a stronger-than-expected 0.5 percent in June, sending the pound higher against the dollar in early London trading.—APP

 

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