Preliminary figures from the Office of National Statistics in the United Kingdom (ONS), issued moments ago, showed a decline in GDP growth in the United Kingdom in July, shrinking by 0.5% compared to growth of 0.5% in June, while expectations were for a decline of 0.2%.

On the other hand, the economy recorded growth. By 0.2% in the three months until July. In detail, production production decreased by 0.7% in July after a 1.8% growth in June, being the main contributor to the decline in GDP in July, while services production decreased by 0.5% after a 0.2% growth in June, and the construction sector recorded a 0.5% decline after… Growth of 1.6% in June.