UK economy contracts 0.6% in June
- United Kingdom
Britain's economy contracted by 0.6% in monthly terms during June, in part reflecting an extra bank holiday for Queen Elizabeth's platinum jubilee celebrations, official data showed on Friday.
A Reuters poll had pointed to a 1.3% contraction in June. The ONS said services fell by 0.5% in June 2022, which was the main driver of the fall in GDP.
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