Economic Buzz: UK GDP growth revised up to 0.5% in Q2

The United Kingdom's gross domestic product (GDP) rose by 0.5% in the second quarter of 2026 compared to the previous quarter, the country's Office for National Statistics (ONS) revealed in its final report published on Wednesday.

Services output rose by 0.6% in the reported quarter, down from a revised increase of 0.7% in the previous trimester. At the same time, production declined by 0.1% in the reported period, while construction grew by 0.8% in the three months to June.

On an annual basis, the UK's GDP growth in 2025 was revised down from the first estimate, landing at 1.2%.

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