According to data released by the Office for National Statistics (ONS) on Friday, the UK economy was up in April. %It shrunk by 0.1 percent, ending a monthly growth streak that stretched back to last summer and suggesting that the Iran war was beginning to put pressure on British production.<\/p>\n
Services, the dominant sector of the British economy %As 0.2 declined, production remained stable and construction %It's up 0.1. During the three months leading up to April, GDP is still %It grew by 0.7 percent to achieve its fifth consecutive quarterly growth.<\/p>\n
The biggest drop in production %It came from sports, entertainment and recreational activities with a decline of 9.1\u2019. The ONS attributed part of the decline to the cancellation of numerous sporting events in the Middle East, which affected the revenues of UK-based businesses in \u2019.<\/p>\n
Consumer services %Retail trading as 0.5 drops %It's down 1.3.<\/p>\n
Quilter portfolio manager Stuart Clark said that while \u201c's three-month growth continues, the first quarter of the year looks like a fake dawn, and conditions will remain tougher for longer as repeated decisions between the U.S. and Iran fail to pass.<\/p>\n
Sanjay Raja, Deutsche Bank\u2019's chief economist in the United Kingdom, also said fuel consumption was approximated by consumer withdrawals. %He said he was down 10.<\/p>\n
As the \u201cIran conflict unfolds, it is clear that the energy shock is beginning to affect households and businesses, Raja said.<\/p>\n
Manufacturing was a rare bright spot, increasing by 0.4 percent thanks to pharmaceuticals and base metals; Raja suggested that this could reflect \u201c firms stockpiling in an environment of high geopolitical uncertainty.<\/p>\n
A growing headache for the Bank of England<\/b><\/p>\n
ONS also provides services for commercial enterprises. Reported that \u2019 saw the prices of goods they purchased increase in April; This was the highest share since December 2022\u2019, noting the inflationary pressures facing policymakers.<\/p>\n
As policymakers weigh in on rising price pressures in the face of slowing signs of economic growth, the figures are likely to complicate the task of the Bank of England, \u2019.<\/p>\n
About the Bank of England, which will announce its next rate decision next Thursday on \u201c, which evokes a sense of stagflation in the economy, the last thing it wants to do is raise interest rates, but that's what's priced while inflation remains the biggest concern for now, \u201d said.<\/p>\n
Expecting further slowdowns in growth, Raja warned \u201c that activities will continue to slow as real incomes contract due to high energy prices and high market rates begin to consume household budgets more.<\/p>\n
Deutsche Bank says the UK economy will continue to grow this year %One expects it to grow, outpacing most of the G7 economies.<\/p>","protected":false},"excerpt":{"rendered":"
British economy in April, the first monthly decline since \u2019 in August 2025, as conflicts in the Middle East have increased energy costs and led households to rein in spending %It's narrowed to 0.1.<\/p>","protected":false},"author":1,"featured_media":3506,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[498],"class_list":["post-3505","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-genel","tag-banka"],"_links":{"self":[{"href":"https:\/\/www.lojistiknakliye.com\/en\/wp-json\/wp\/v2\/posts\/3505","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.lojistiknakliye.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.lojistiknakliye.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.lojistiknakliye.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.lojistiknakliye.com\/en\/wp-json\/wp\/v2\/comments?post=3505"}],"version-history":[{"count":1,"href":"https:\/\/www.lojistiknakliye.com\/en\/wp-json\/wp\/v2\/posts\/3505\/revisions"}],"predecessor-version":[{"id":3507,"href":"https:\/\/www.lojistiknakliye.com\/en\/wp-json\/wp\/v2\/posts\/3505\/revisions\/3507"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.lojistiknakliye.com\/en\/wp-json\/wp\/v2\/media\/3506"}],"wp:attachment":[{"href":"https:\/\/www.lojistiknakliye.com\/en\/wp-json\/wp\/v2\/media?parent=3505"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lojistiknakliye.com\/en\/wp-json\/wp\/v2\/categories?post=3505"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lojistiknakliye.com\/en\/wp-json\/wp\/v2\/tags?post=3505"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}