UK economy grows 0.4% in July, beating forecasts

Official data released today indicate that the economy grew by 0.4% in the latest reporting period, a figure that contrasts with analysts’ forecasts of zero growth. The quarterly expansion was driven primarily by modest gains in the manufacturing and services sectors, while consumer spending remained largely unchanged.

Economists note that the unexpected uptick reflects a combination of improved export volumes and a slight rebound in business investment, offsetting weaker domestic demand. The growth rate, though modest, suggests resilience in core economic activities despite prevailing uncertainties, and will be incorporated into upcoming policy assessments.