UK Economy Expands 0.3% in June, Q2 Growth Moderates to 0.4%

The UK economy unexpectedly grew by 0.3% in June, surpassing forecasts for no growth. However, overall economic expansion for the second quarter (April-June) slowed to 0.4%, down from 0.6% in Q1, aligning with expectations. Office for National Statistics data indicates some economic resilience despite ongoing global disruptions and rising energy prices.