U.K. gross domestic product increased 0.5% in May from the previous month, data from the Office for National Statistics showed Wednesday, better than expected.
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The U.K. economy rebounded in May after contracting in the previous month, although the pickup in activity was likely a one-off boost rather than an improvement in the country’s underlying growth trend.
The U.K. gross domestic product increased 0.5% in May from the previous month, data from the Office for National Statistics showed Wednesday. Economists polled by The Wall Street Journal expected the economy to stagnate on month.
The…
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