Economic Performance - In July, the UK economy showed no growth on a month-on-month basis, indicating a stagnation [1] - The service sector remains the main driver of economic growth, with a month-on-month increase of 0.1% in July, while construction grew by 0.2% [1] - Manufacturing, however, experienced a decline of 1.3% month-on-month in July [1] Growth Trends - Over the three months leading up to July, the UK economy grew by 0.2% on a month-on-month basis, a decrease from the previous value of 0.3% [1] - The economic growth rate has been slowing down, with a growth of 0.7% in the first quarter of the year, dropping to 0.3% in the second quarter [1] - Market institutions anticipate that the low growth state of the UK economy will continue [1] Fiscal Changes - Starting from April, the UK entered a new fiscal year, during which there were significant increases in the national insurance tax rate for business owners and the minimum wage [1] - These fiscal changes have dampened entrepreneurial enthusiasm [1] - Ongoing inflation has led to cautious consumer spending among UK residents, which has further limited the growth of the service sector [1]
【环球财经】英国7月经济增长环比持平
Xin Hua Cai Jing·2025-09-12 12:08