UK economy grew 6.6% in July, continues to recover for a third straight month
The UK economy grew by 6.6% in July, according to official figures, but the output is still far below pre-pandemic levels.
It is the third month in a row that the economy has grown.
When businesses such as hairdressers, pubs and restaurants reopened in July they contribute to the growth.
But the UK economy is still 11.7% smaller than it was in February and growth in July was smaller than in June.
The reopening of restaurants and pubs meant the accommodation and food sector “rose by a whopping 140.8%” between June and July, said Thomas Pugh, UK economist at Capital Economics.
He expects the Eat Out to Help Out scheme to provide a further boost for August but says “now that most sectors in the economy are open again there is little scope for further large rises in monthly GDP.”
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