A guided tour in the center of in York, UK, on Friday, June 7, 2024.
Bloomberg | Bloomberg | Getty Images
The U.K. economy grew by 0.6% in the second quarter of the year, the Office for National Statistics said Thursday, continuing the country’s cautious recession rebound.
The reading was in-line with economists polled by Reuters, and follows expansion of 0.7% in the first quarter.
Economic growth was flat in June, in line with a Reuters poll.
The British economy has recorded slight but steady growth almost every month so far this year, as the U.K. exits a shallow recession. GDP was also flat in April, when wet weather quelled retail sales and construction output.
On an annual basis the economy was 0.9% bigger in the second quarter, against a forecast of 0.8%.
This is a breaking news story and will be updated shortly.
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