London’s Economy Today editorial – July 2025 July 31st, 2025 by Daryl Rozario Jubair Ahmed Gordon Douglass Ali Ögcem and Sixia Zhang UK’s GDP contracts for a second month in a row in May The latest monthly UK GDP data from the Office for National Statistics (ONS) showed an unexpected contraction of 0.1% in May 2025 (Figure 1). This was the second monthly decline in a row following a 0.3% drop in April and was counter to…
London’s Economy Today editorial – July 2024 July 25th, 2024 by Daryl Rozario, Gordon Douglass, Sixia Zhang UK GDP continues to grow in May Data published by the Office for National Statistics (ONS) this month showed that the UK economy grew robustly in May. Monthly real GDP increased by 0.4% in May 2024 after stagnating in April (Figure 1). Figure 1: Monthly UK GDP growth and its contributions, May 2023 to May…
