UK Economy Ekes Out Modest Growth as Factories Recover

The UK economy resumed modest growth in August as a rebound in manufacturing helped offset a stagnant month for the dominant services industry.

Gross domestic product rose 0.1% after falling 0.1% in July, the Office for National Statistics said Thursday. The increase was in line with the median forecast of economists surveyed by Bloomberg. Factory output grew a faster-than-expected 0.7%, while services were flat for a second straight month and construction shrank.