UK economy shrinks in the second quarter

2022-08-12 09:41:06 GMT (Economies.com)
UK economy shrinks in the second quarter

UK GDP fell 0.6% in June, compared to a 0.4% rise in May, beating estimates of a 1.2% drop, while second quarter GDP shrank 0.1%, beating estimates of a 0.2% drop, q/q.

 

Manufacturing production fell 1.6% in June, compared to estimates of a 1.9% drop, while industrial output fell 0.9%. 

 

UK goods trade deficit rose to 22.8 billion pounds in June, compared to a 21.4 billion pound deficit in May.

 
 
 
  Symbol Last Change Chg.%
0.9802
0.0147
1.5193%
1.1165
0.0345
3.1856%
19.049
0.190
1.008%
80.050
0.756
0.953%
87.96
-0.53
0.60%
1664.495
19.135
1.163%
 
 
Live Forex Updates