UK GDP expanded by 0.3 percent in the three months to the end of June, according to the revised data from the Office for National Statistics (ONS). Economy grew at a 1.7% annual rate. The figures coincided with both the preliminary assessment and the experts' forecasts.
Household spending rose 0.1%, the weakness of this indicator was the main factor limiting the acceleration of the UK economy growth.
The export and import of goods and services increased by 0.7% in April-June compared to the first quarter.
Experts predict that UK economy will grow by 1.5% in 2017 and by 1.3% in 2018.