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the UK economy has grown after a two month period of stagnation, new figures reveal.

Gross Domestic Product (GDP) rose by 0.2% in August, the Office for National Statistics said.

The latest figures for GDP were released today, October 11

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The latest figures for GDP were released today, October 11

It comes after the economy showed no growth during in June and July.

However, quarterly figures show that GDP still increased 0.5% in the second quarter of this year.

Services output was the main contributor to the growth in the three months to August, rising by 0.1%. There was also a 1.0% increase in construction output, while production output showed no growth over this period.

Liz McKeown, ONS director of economic statistics at the ONS, said: “All main sectors of the economy grew in August, but the broader picture is one of slowing growth in recent months, compared to the first half of the year.”



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