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UK economy beats expectations in the second quarter, driven by construction and services

GDP rose 0.3% in Q2 2025, a marked slowdown from the previous quarter but ahead of expectations
CoStar Analytics
August 14, 2025 | 10:10 AM

The UK economy grew by 0.3% in the second quarter, beating analysts’ expectations of a more modest expansion of 0.1%. Slower growth had been factored in after the first quarter of the year recorded strong gross domestic product growth of 0.7%, driven by a rise in exports and house sales ahead of the introduction of US tariffs and a hike in stamp duty.

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