UK economy shrank unexpectedly in May
July 11, 2025 / /
The UK economy shrank unexpectedly in May, according to latest official figures.
The economy shrank by 0.1%, the Office for National Statistics said, the second month in a row it has contracted.
Economists had expected GDP to grow by 0.1%.
The fall in economic output was mainly driven by a drop in production, the ONS said.
Posted in Business