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FX.co ★ UK GDP Growth Slows to 0.7% in May as Economic Momentum Wanes

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typeContent_19130:::2025-07-11T06:00:00

UK GDP Growth Slows to 0.7% in May as Economic Momentum Wanes

The United Kingdom's economic growth has decelerated, with the Gross Domestic Product (GDP) expansion slowing to 0.7% in May 2025, a noticeable decline from the 1.1% growth observed in April. This information, updated on July 11, 2025, highlights a cooling pace of economic activity as the nation grapples with various undercurrents affecting its performance.

This year-over-year comparison indicates that while April's figures showed a stronger economic output relative to the same period in 2024, May's GDP has demonstrated a marked decrease. The slowdown in this critical economic indicator suggests potential challenges ahead as the UK navigates post-pandemic recovery and global economic uncertainties.

The reduced GDP growth rate could be reflective of several contributing factors, including tightening monetary conditions, reduced consumer spending, or external trade disruptions. Policymakers and economic analysts are likely to scrutinize forthcoming indicators to understand the underlying reasons for this deceleration and devise strategies to reinvigorate the UK economy's growth trajectory. As the economic landscape continues to evolve, these GDP figures will be pivotal in shaping future fiscal and economic policies.

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