UK economy rebounds 0.5% in May


Emmanuel Joseph

The UK government welcomes today’s upbeat data on economic rebound in May. – AFP pic, July 13, 2022.


BRITAIN’s economy rebounded in May, official data showed today dampening fears of a slowdown despite surging inflation and rising interest rates.

Gross domestic product expanded by 0.5%, the Office for National Statistics said in a statement, beating expectations of no growth.


Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one (1) week free access!

Subscribe Now!


Sign up or sign in here to comment.


Comments