UK economy rebounds in August with 0.2% growth led by services sector
Across last 3 months as whole economy grown modestly, led by car manufacturing and sales, construction, says Office for National Statistics
LONDON
The UK economy showed signs of resilience in August, posting a 0.2% growth, according to official figures released on Thursday by the Office for National Statistics (ONS).
This expansion was primarily driven by a robust performance in the services sector, which saw a 0.4% increase, offsetting declines in manufacturing and construction.
The August growth figure was in line with expectations and came as a welcome relief following a weaker July when the economy contracted by 0.6%, revised down from the previously estimated 0.5% decline.
Darren Morgan, ONS director of economic statistics, highlighted that the services sector played a pivotal role in driving the recovery.
"Within services, education returned to normal levels, while computer programmers and engineers both had strong months. Across the last three months as a whole the economy has grown modestly, led by car manufacturing and sales, and construction," she explained.
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