The UK economy expanded by 0.2% in the second quarter in 2023 following growth of 0.1% in the first quarter, according to data from the Office for National Statistics (ONS).
Monthly estimates show that GDP grew by 0.5% in June 2023 after falling by 0.1% in May and rising by just 0.2% in April.
Growth of 1% in the information and communication sub-sector and a 1.6% increase in accommodation and food services made the largest contribution to increasing GDP, the ONS said.
However, these gains were partially offset by a 1% decline in professional, scientific and technical activities, which saw downturns in scientific research and development, architectural and engineering activities, and advertising and market research.
David Bharier, head of research at the British Chambers of Commerce, said the GDP estimate was "better news than expected", but stressed that the UK economy remains in a "precarious place." He continued:
"Businesses are continuing to face a worrying mix of high inflation, rising interest rates, a tight labour market, and global economic uncertainty."
"While the UK remains on course to avoid a technical recession, small movements in one direction or the other won't mean much for many firms facing the toughest trading conditions in years."
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