Preliminary estimates from the UK Office for National Statistics showed that UK GDP registered zero growth in July, following a 0.4% growth in June, matching expectations. Growth was 0.2% in the three months ending in July compared to the three months ending in April.

The services sector, which accounts for more than 70% of the UK economy, grew by 0.3% in July and rose by 0.4% in the three months ending in July. The construction sector grew by 0.2% in July and 0.6% in the three months ending in July. Output fell by 0.9% in July and by 1.3% in the three months ending in July.