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UK Economy Expands In August

Underpinned by services and production, the UK economy expanded in August after contracting for the first time in six months in July, the Office for National Statistics reported Wednesday. Gross domestic product grew 0.4 percent on month, but slightly slower than the economists’ forecast of +0.5 percent. GDP growth for July has been revised from 0.1 percent growth to a 0.1 percent fall.
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