Fashion
UK real GDP grows 0.2% QoQ, 1.2% YoY in May-Jul 2025: ONS
This rate of growth has slowed since the peak of 0.8-per cent QoQ growth in the three months to April this year.
GDP is estimated to have grown by 1.2 per cent year on year (YoY) in the three months to July 2025.
UK real GDP grew by 0.2 per cent quarter on quarter (QoQ) in the quarter to July, down from a 0.3-per cent QoQ growth in April-June and a 0.6-per cent QoQ growth in March-May 2025, official statistics show.
GDP is estimated to have grown by 1.2 per cent YoY in the three months to July.
GDP is estimated to have shown no growth month on month in July and was 1.4 per cent higher YoY.
QoQ services output growth was the main contributor to GDP growth between May and July.
Production output fell by 1.3 per cent QoQ in the quarter to July 2025 following a fall of 0.3 per cent QoQ in the quarter to June, an ONS release said.
GDP is estimated to have shown no growth in July 2025 month on month (MoM), following a MoM growth of 0.4 per cent in June and a MoM fall of 0.1 per cent in May. GDP was 1.4 per cent higher YoY in July 2025.
Fibre2Fashion News Desk (DS)