4 Hrs
Source:
The Guardian
UK GDP Data on July Growth
The UK economy grew by 0.4% in July, driven mainly by the services sector, particularly computer programming related to AI technologies. This surpasses earlier forecasts that predicted stagnation for the month and follows a 0.3% increase in June. Despite the growth, annual GDP remains modest at 1.6% higher than the previous year, indicating slow overall economic expansion.
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