UK economy grows 0.6% in 2nd quarter, matching forecast

UK economy grows 0.6% in 2nd quarter, matching forecast

On annual basis, GDP in UK estimated to have increased 0.9% in April-June

The UK economy grew 0.6% in the second quarter of last year compared to the previous period, in line with market forecasts, according to flash data released on Thursday.

The figure followed 0.7% growth in the first quarter, Office for National Statistics data showed.

On the output side, services grew 0.8% in the quarter while the production and construction sectors shrank 0.1% quarter-on-quarter in April-June.

On an annual basis, GDP in the UK is estimated to have risen 0.9% in the second quarter of this year.