The United Kingdom's economy showed stronger-than-expected growth in June and the second quarter of 2025. Monthly GDP rose by 0.4% in June, surpassing the forecast of 0.2% and the previous month's decline of 0.1%. Year-on-year GDP growth for June was 1.4%, higher than the 1.1% estimate and the prior 0.7%. Quarterly GDP increased by 0.3%, beating the forecast of 0.1% but down from the previous quarter's 0.7%. Industrial production also improved, with a 0.7% month-on-month increase and 0.2% year-on-year growth, both exceeding expectations. Manufacturing production rose 0.5% month-on-month and was flat year-on-year. Construction output grew 0.3% month-on-month and 1.5% year-on-year. However, business investment declined by 4.0% quarter-on-quarter, a reversal from the previous 3.9% increase. In the Eurozone, preliminary data for the second quarter showed GDP growth of 0.1% quarter-on-quarter and 1.4% year-on-year, matching forecasts, while industrial production declined by 1.3% month-on-month and grew only 0.2% year-on-year. Japan's economy expanded more than expected in the second quarter of 2025, with annualized GDP growth of 1.0% compared to the forecast of 0.4%, avoiding a second consecutive quarter of contraction. Quarter-on-quarter GDP rose 0.3%, beating the 0.1% estimate. Private consumption increased by 0.2% quarter-on-quarter, and business spending grew 1.3%, both above forecasts. Net exports contributed 0.3 percentage points to GDP growth. The GDP deflator rose 3.0% year-on-year, slightly below expectations. Overall, these figures indicate a moderate recovery in the UK and Japan economies, while Eurozone growth remains subdued.
Japan's economy expands faster than expected in Q2 https://t.co/k3zoLY4Gbx https://t.co/k3zoLY4Gbx
Japan's economy expands more than expected in second quarter despite U.S. tariff headwinds https://t.co/tsATWT4YJM
BREAKING: Japan's economy grew an annualized 1.0% in the April-to-June quarter from the previous three months, according to preliminary government figures released Friday, avoiding a second straight quarter of contraction. https://t.co/xSyabWvum9 https://t.co/8b7PdEN6Gv