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The UK economy declined by 0.1% in May
image 13 July، 2023
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 Preliminary figures from the Office of National Statistics in the United Kingdom ONS, released moments ago, showed a decrease in GDP growth in the United Kingdom in May by 0.1%, compared to a growth of 0.2% in April, while expectations were for a decrease of 0.3%, in contrast, the economy did not record any Growth in the three months to May.

In the details, production production decreased by 0.6% in May, after a decrease of 0.2% in April, to be the main contributor to the decline in GDP in May, while the services sector did not show any growth in May after a growth of 0.3% in April, and the construction sector recorded a decrease of 0.2%. After declining by 0.9% in April.

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