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UK economy grows in second quarter, easing recession fears

Gross domestic product expanded 0.2 percent in the three months to the end of June, upgraded from a modest 0.1-percent contraction, the Office for National Statistics said in a statement.

September 30, 2022 / 12:33 PM IST
Economy (Representational image)

Economy (Representational image)

Britain's economy grew in the second quarter as it did not shrink as previously estimated, according to revised official data Friday which eased recession fears.

Gross domestic product expanded 0.2 percent in the three months to the end of June, upgraded from a modest 0.1-percent contraction, the Office for National Statistics said in a statement.
AFP
first published: Sep 30, 2022 12:33 pm