U.K. GDP Growth Reaches 2.1% After August's 0.1% Increase
Berenberg economist Andrew Wishart says August's unexpected 0.1% GDP growth lifted annual U.K. growth to 2.1%. He attributes much of the upswing to artificial intelligence, based on the sector breakdown.
August's unexpected 0.1% growth in U.K. GDP lifted annual growth to 2.1%, an acceleration through the 2% threshold that gives the data some wow factor, Berenberg's Andrew Wishart says in a note. The sector breakdown suggests artificial intelligence is behind much of the upswing, with increases in c…