UK economy bounces back in August as GDP ticks up 0.2%

Raises hopes that a recession could be avoided this year

Valeria Martinez
clock • 2 min read
UK economy bounces back in August as GDP ticks up 0.2%

The UK economy returned to growth in August after a poor July, raising hopes that a recession could be avoided this year.

According to the Office for National Statistics, gross domestic product grew 0.2% during the month, following a 0.6% dip in July — revised down from a 0.5% fall — when wet weather and continued ind...

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