英国7月GDP停滞不前，新一轮加税预算案加剧增长忧虑

Core Viewpoint - The UK economy stagnated in July, with GDP growth flat compared to a 0.4% increase in June, reflecting pressures from tax and tariff increases on consumers and businesses [1] Economic Performance - July's GDP growth was in line with economists' median forecasts but marked a significant slowdown from the previous month [1] - The service and construction sectors experienced slight growth in July, but a substantial decline in manufacturing offset these gains, resulting in zero overall growth [1] Government Fiscal Policy - The stagnation data serves as a reality check for the government's fiscal policies, which were initially expected to benefit from strong growth to alleviate fiscal pressures and fulfill social commitments [1] - Since April, businesses have faced increased payroll taxes and higher minimum wage standards, while consumers are anxiously awaiting new tax increases in the upcoming budget on November 26 [1] Economic Outlook - The Bank of England officials have repeatedly highlighted the weak economic fundamentals and expressed concerns about the labor market's softness [1] - Private sector economists generally expect the UK economy to maintain a steady growth rate in the second half of the year, although it will still outperform other major European countries [1]