The UK economy grew during the month of July of 2022 by 0.2%, which came less than expectations that indicated a growth of 0.3%, to get the economy out of a contraction it suffered in June when the economy recorded a contraction of 0.6%.
The services sector recorded about 0.4% in July 2022, after declining by 0.5% in June, and was the main driver of GDP growth, as the information and communications technology sector grew by 1.5%, and was the largest contributor to the growth of services in July, CN reported. BBC Arabic.
Industrial production recorded a decline of 0.3% after declining by 0.9% in June 2022, which is mainly due to a 3.4% decrease in the supply of electricity, gas, steam and air conditioning.
The construction sector also decreased in July 2022 by 0.8%, after a 1.4% decrease in June 2022.