UK economy grows more slowly than expected amid cost of living crisis
by Richard Partington Economics correspondent from on (#63H51)
GDP rises by 0.2% in July as worker shortages and inflation weigh on activity
Analysis: UK economic growth remains tepid despite sizzling temperatures
The UK economy grew more slowly than expected in July as worker shortages and soaring costs weighed on activity amid the heightened risk of recession.
The Office for National Statistics said gross domestic product (GDP) rose by 0.2% in July, after a sharp fall of 0.6% in June when the additional bank holiday for the Queen's platinum jubilee led to a decline in activity.
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