UK’s economic growth was weaker than initially anticipated, data published by the Office for National Statistics showed Monday.

UK’s gross domestic product expanded by 0.5% in the second quarter compared to the first, slower than the ONS’s first estimate of 0.6%. This also was slower than 0.7% in the first quarter.

Year-on-year, UK’s GDP increased by 0.7% in the second quarter, weaker than the FXStreet-cited market consensus, which had anticipated annual economic growth of 0.9%.

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