Economic growth accelerated in the latest quarter as revised figures reveal a stronger-than-expected expansion, with the economy rising by 0.7% over the three-month period ending in August. The uptick suggests a rebound in activity following earlier slowdowns, though analysts will scrutinize whether the momentum can be sustained. Official statistics indicate the improvement was broad-based, though specific sectors driving the growth have yet to be detailed. For businesses and policymakers, the numbers raise questions about underlying resilience—or whether the gains are temporary.
The uptick helped the economy grow by 0.7% over the three months to August, official figures show.
