GDP in the second quarter was slightly stronger than we expected and suggests the economy has remained resilient to the surge in energy prices.
GDP in the second quarter was slightly stronger than we expected and suggests the economy has remained resilient to the surge in energy prices.
US monthly inflation rate rises to 0.4% in August, though annual rate unchanged at 3.4% and core inflation dips a little UK economy unexpectedly grows 0.4% in July boosted by AI Digging into today's GDP...
Adding to the positive news, growth was driven by solid gains in household consumption and business investment, and included a healthy 0.3% monthly rise in output in June, suggesting momentum was sustained...
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GDP in the second quarter was slightly stronger than we expected and suggests the economy has remained resilient to the surge in energy prices. US monthly inflation rate rises to 0.4% in August, though annual rate unchanged at 3.4% and core inflation dips a little UK economy unexpectedly grows 0.4% in July boosted by AI Digging into today's GDP report a little, we can see that the UK services sector had a decent July, with growth in 11 of its 14 subsectors. Adding to the positive news, growth was driven by solid gains in household consumption and business investment, and included a healthy 0.3% monthly rise in output in June, suggesting momentum was sustained as the quarter progressed.
US monthly inflation rate rises to 0.4% in August, though annual rate unchanged at 3.4% and core inflation dips a little UK economy unexpectedly grows 0.4% in July boosted by AI Digging into today's GDP report a little, we can see that the UK services sector had a decent July, with growth in 11 of its 14 subsectors. Adding to the positive news, growth was driven by solid gains in household consumption and business investment, and included a healthy 0.3% monthly rise in output in June, suggesting momentum was sustained as the quarter progressed.
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