UK economic data: July 2024 GDP stagnation and aggregate changes

The latest estimates for UK monthly real GDP in July 2024 show no growth, after no increase in June 2024. However, compared to the three months to April 2024, GDP grew by 0.5% in the period to July 2024, supported mainly by a broad expansion in the services sector. Services output grew by the same 0.1% in July, following a 0.1% decline, and rose 0.6% over the three months. In contrast, manufacturing output fell 0.8% in July 2024, following a 0.8% increase in June, and fell 0.1% over the three months as a whole.