UK Economy Grows 0.5% in February, Exceeding Expectations
The UK economy grew by 0.5% in February, surpassing economists' expectations of 0.1%. The growth was driven by services, production, and construction sectors. However, the International Monetary Fund has downgraded UK growth forecasts for 2026 due to the impact of the Iran war.
Topics: energy prices GDP growth IMF forecast inflation Iran war U.K. economy