(Bloomberg) -- U.K. economic growth unexpectedly
quickened in the second quarter as manufacturing rebounded, a sign
higher interest rates have yet to cool the pace of expansion.
Gross domestic product increased 0.8 percent, compared with
0.7 percent in the first quarter, the Office for National
Statistics said today in London. The median forecast in a
Bloomberg News survey of 36 economists was 0.7 percent. The annual
growth rate was 3 percent, the same as the previous three months.
Read more at Bloomberg Currencies News
quickened in the second quarter as manufacturing rebounded, a sign
higher interest rates have yet to cool the pace of expansion.
Gross domestic product increased 0.8 percent, compared with
0.7 percent in the first quarter, the Office for National
Statistics said today in London. The median forecast in a
Bloomberg News survey of 36 economists was 0.7 percent. The annual
growth rate was 3 percent, the same as the previous three months.
Read more at Bloomberg Currencies News
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