UK GDP Stalls as Expected
The UK economy stagnated in July 2025, in line with forecasts, after growing 0.4% in June. The services sector edged up 0.1%, supported by transport and storage (+1.4%) and human health and social work (+0.4%), but growth was hampered by a 0.7% decline in the information and communications sector. Construction also rose 0.2%, led by private residential repairs (+2.4%) and housing starts (+1.2%).
Conversely, production fell 0.9%, with manufacturing down 1.3%; electronics (-7.0%) and pharmaceuticals (-4.5%) were the main drags, partly offset by electrical equipment (+3.3%). Mining, quarrying, and utilities also declined, while water supply increased. In the three months to July, GDP rose 0.2%, as the services sector (+0.4%) and construction (+0.6%) partially offset a 1.3% decline in production. On an annual basis, GDP grew 1.4%, the same as the growth rate in June, slightly below expectations of a 1.5% expansion. (ayu)
Source: Newsmaker.id
