Latest economic data shows that the UK economy has shown an encouraging rise trend at the end of the second quarter. According to official statistics, in the three months ending in June, the UK GDP( increased by 0.3% quarter-on-quarter, far exceeding the previous market expectation of 0.1%. Although this data has fallen from the previous rise of 0.6%, it still remains in the positive growth range.



At the same time, industrial production data also brought positive news. In June, UK industrial output rose by 0.7% month-on-month, significantly exceeding the market expectation of 0.2%, reversing the previous decline of 1.3%. This data reflects that the UK manufacturing sector is gradually recovering from its earlier slump.

This set of data indicates that the UK economy is showing strong resilience, maintaining a rise despite facing global economic uncertainty and domestic inflation pressures. However, economists warn that sustained high inflation and interest rates may pose challenges to economic growth in the coming months.

Overall, this data brings a glimmer of optimism for the UK economic outlook, but analysts are still closely monitoring future economic trends to assess whether this rise can be sustained.
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FrontRunFightervip
· 15h ago
the numbers are frontrunning reality... dark times ahead when the manipulation stops tbh
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BearMarketMonkvip
· 08-16 06:53
There is always a hint of false sweetness before the bubble bursts.
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GasFeeNightmarevip
· 08-15 16:40
Staying up late again to watch the data, this growth rate is even slower than the rise in gas fees.
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WagmiOrRektvip
· 08-14 07:49
The economy is good. Are there still people trading the pound?
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fren.ethvip
· 08-14 07:48
The water content in the UK is quite high.
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0xSoullessvip
· 08-14 07:36
Suckers don't even know who to play for suckers.
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SolidityNewbievip
· 08-14 07:36
I can't understand, my head is so big.
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CryptoPunstervip
· 08-14 07:34
Is the rise of the UK economy even worthy of being called a bull? In this bear market, suckers grow faster than it.
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