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British economy unexpectedly grows by 0.2% in second quarter largely because of June weather boost

KIFI

By PAN PYLAS
Associated Press

LONDON (AP) — The British economy unexpectedly grew in the second quarter of the year, largely as a result of a strong rebound in June when many businesses particularly in the leisure sector benefited from the warm and settled weather. The Office for National Statistics said Friday that the economy expanded by 0.2% in the April to June period, compared with the previous three-month period. That was higher than the 0.1% recorded in the first quarter and ahead of economists’ expectations for no change. The positive outcome was due to a 0.5% monthly increase in June when pubs and restaurants were buoyed by the hot weather. July results are expected to show the reverse since that month was one of the wettest ever.

Article Topic Follows: AP National

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