The UK’s real gross domestic product (GDP) is estimated to have fallen by 0.6 percent in June and by 0.1 percent in the second quarter, according to official figures.
The Official for National Statistics (ONS) on Friday published its GDP monthly estimate for June and the first quarterly estimate for April to June.
In June, GDP is estimated to have fallen by 0.6 percent, following a 0.4 percent growth (revised down from an estimated 0.5 percent growth) in May.
The shrinkage was mainly driven by the fall in services output (o.5 percent), with the further reduction of COVID-19 test and trace activities and the continued tailing off of the spring booster campaign for COVID-19 vaccination, according to the ONS….