The UK real GDP contracted by 0.3% in April, with a decline monthly services output acting as a main economic drag.
According to data from the Office for National Statistics today (12 June), real GDP is expected to have expanded by 0.7% in the three months to April 2025 compared to the previous quarter. UK economy grows 0.2% in March but slowdown fears remain In April, monthly services output fell by 0.4% after growing by 0.4% in March, making it the largest contributor to the decrease in monthly GDP figures. Production also declined by 0.6% in April, following growth of 0.4% the month before, while construction output grew by 0.9% in the month following 0.5% growth in March. The ONS not...
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