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Growth: "UK GDP grew by 0.8% between April and June, compared to the previous quarter. Growth of 0.7% had been expected.  This takes the growth rate up to 2.6% and boosts chances that the Bank of England will raise interest rates soon." (BBC)

Inflation: "Consumer Price Index inflation rose to 2.5% from 2.2% in May, well above the government’s 2% target." (BBC)

Unemployment: "UK unemployment has hit its highest level for six years, figures from the Office for National Statistics show.  There were 1.65 million people classed as unemployed in the three months to May, an increase of 90,000 on the previous quarter, the ONS said." (BBC)

Trade: "The UK trade gap with the rest of the world hit £6.8bn ($12.41bn), from April’s revised number of £5.6bn.  Oil imports rose sharply amid falling production in the UK and moves to increase oil stocks, the Office for National Statistics (ONS) said." (BBC)

Manufacturing: "The UK’s manufacturing sector has seen its worst fall in output for more than six months, official figures show.  A decline in production of paper and electrical goods contributed to April’s manufacturing output slipping by 0.2%." (BBC)

Consumer borrowing: "Mortgage debt has gone through the £1 trillion level, according to figures from the Bank of England (BOE)… According to the Nationwide, the average house now costs nearly £166,000 with mortgage repayments absorbing 42% of average take home pay.  The BOE figures show that Britons have a further £192bn outstanding on credit cards and other loans, so total personal debt now amounts to £1.199 trillion." (BBC)

Public borrowing: "UK public finances suffered their worst June on record, figures from the Office for National Statistics (ONS) show.  Government borrowing rose to £7.3bn in June from £6.2bn during the same month last year – significantly higher than analysts’ forecasts of £6.5bn." (BBC)

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