UK economic growth July 2024 [Video]

LONDON — The U.K. economy continued to flatline in July on a month-on-month basis, flash figures published from the Office for National Statistics showed Wednesday.

Gross domestic product (GDP) came in below the expectations of economists polled by Reuters, who had forecast growth of 0.2%.

The country also logged no GDP growth in June.

Britain’s dominant services sector showed slight growth of 0.1% in the month to July, while production and construction output fell by 0.8% and 0.4%, respectively.

Britain’s economic growth was up 0.5% in the three month to July, slightly below economist expectations and the 0.6% recorded in the second quarter ending in June.

“The economy recorded no growth for the second month running, though longer term strength in the services sector meant there was growth over the last three months as a whole,” Liz McKeown, director of economic statistics at the ONS, said.

The U.K. economy had recorded modest but steady expansion almost every month so …