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22 October 2024

UK Macroeconomic Snapshot - A mixed outlook remains

The UK economy is navigating through a period of mixed signals, with recent data offering reasons for both optimism and caution. In August, real GDP saw a slight increase of 0.2%, following stagnation in June and July. This growth was largely supported by a 0.1% expansion in the services sector, alongside rebounds in production and construction, which saw increases of 0.5% and 0.4%, respectively.

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