UK economy grows in May, ending contraction

The latest economic data released by the National Statistics Office shows that the country’s key growth indicator registered a modest rise this month, reversing a small contraction recorded in the previous period. The figure, published on Tuesday, reflects a month‑to‑month increase that brings the metric back into positive territory after a brief downturn.

According to the report, the indicator climbed 0.3 percent, compared with a 0.1 percent decline the month before. The uptick was driven largely by gains in the services sector, which posted a 0.5 percent rise, while manufacturing growth moderated to 0.2 percent. Analysts note that the rebound, though modest, signals a return to expansionary momentum after the brief contraction.

While the data suggests a modest improvement, economists caution that the growth remains fragile. The National Statistics Office will continue to monitor the trend in the coming months, and policymakers will likely assess whether additional measures are needed to sustain the upward trajectory.