Article 792EM UK economy unexpectedly grows 0.1% in August despite fall in consumer spending

UK economy unexpectedly grows 0.1% in August despite fall in consumer spending

by
Richard Partington Senior economics correspondent
from World news | The Guardian on (#792EM)

Latest data comes just two weeks before chancellor's budget looks to help consumers traverse the cost of living crisis

The UK economy unexpectedly continued to grow in August despite a fall in consumer spending before chancellor John Healey's budget.

Figures from the Office for National Statistics showed gross domestic product (GDP) rose by 0.1% last month, compared with 0.4% growth in July. City economists had forecast the economy would shrink by 0.1%.

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