LONDON — The U.K. economy grew 0.2% in August on a month-on-month basis, flash figures published by the Office for National Statistics showed Friday.
Gross domestic product came in line with the expectations of economists polled by Reuters, who had forecast growth of 0.2%.
Over the three months to August, Britain's economic growth also expanded 0.2%, compared with the 0.5% recorded in the three months to July.
Sterling dipped slightly against the U.S. dollar following the release, trading down 0.05% at $1.3052 by 8:03 a.m. London time.
U.K. government bond yields also ticked lower, with the 10-year trading around 4.212%, having climbed sharply over recent days.
The U.K.'s dominant services sector showed slight growth of 0.1% in the month to August, while production and construction output rose by 0.5% and 0.4%, respectively.
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