According to a report by the news outlet Sedaye Sama, the UK Office for National Statistics (ONS) announced today (Wednesday) that the country’s economy grew by 0.5% in the second quarter of 2026, covering the period from April to June. This represents a decline from the 0.6% growth recorded in the first quarter.

Official figures also show that the reported figure was revised upward by 0.1 percentage points from the initial estimate of 0.4%.

The UK economy grew by a total of 1.2% in 2025, which was 0.1 percentage points lower than the previous estimate. The country’s GDP in the second quarter of this year was 2% higher than in the fourth quarter of 2024.

Real disposable household income per person increased by 1% in the second quarter, while this indicator had declined by 0.8% in the first quarter.

The household saving ratio also increased by 0.2 percentage points to 8.8%. The increase in non-retirement savings was the main factor behind this rise.

The UK also reduced its borrowing deficit with the rest of the world to 2.8% of GDP in the second quarter, compared with 2.9% in the first quarter.

Looking at the details of the economy, the services sector grew by 0.6% in the second quarter and the construction sector by 0.8%, while industrial production declined by 0.1%. Economic growth during this period was mainly supported by an increase in net trade.

Overall, the new data show that the UK economy performed more resiliently than initially estimated in the first half of 2026, particularly as second-quarter growth was revised upward from 0.4% to 0.5%./ Tasnim