Key Insights
The UK's GDP grew by 0.7% in the three months to May 2026, marking the sixth consecutive quarter of growth. (ons.gov.uk)
The services sector was the primary contributor to this growth, expanding by 0.7% in the same period. (ons.gov.uk)
The IMF forecasts a slowdown in UK GDP growth to 1.0% in 2026, influenced by higher energy prices and inflationary pressures. (imf.org)
AI Analysis
The UK's GDP growth is projected to slow in the short term due to higher energy prices and inflationary pressures. However, a gradual recovery is expe...
Market Outlook
Short-Term
In the short term, the UK's GDP growth is expected to slow due to higher energy prices and inflationary pressures. The IMF projects a growth rate of 1.0% in 2026, with a gradual recovery anticipated as the energy shock dissipates. (imf.org)
Long-Term
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