The UK economy grew by 0.5 per cent in June and by 0.2 per cent in the quarter April to June, according to the Office for National Statistics.

The first quarterly estimate of UK real gross domestic product (GDP) shows that the economy increased by 0.2 per cent between April and June 2023.

The ONS said GDP grew by 0.5 per cent in June 2023, after an unrevised fall of 0.1 per cent in May 2023 and growth of 0.2 per cent in April 2023.

UK economic growth was fuelled by the service sector, which grew 0.1 per cent on the quarter, driven by increases in information and communication, accommodation and food service activities, and human health and social work activities; elsewhere, the production sector grew by 0.7 per cent, with 1.6 per cent growth in manufacturing.

In expenditure terms, there was strong growth in household consumption and government consumption, which was partially offset by a fall in international trade flows in the second quarter.

Compared with the same quarter a year ago, the implied GDP deflator rose by 6.7 per cent, this follows growth of 6.5 per cent in the previous quarter; the ONS said this reflected a fall in the implied price of imports which contributes positively to the implied GDP deflator.