UK rebound slows despite easing lockdowns

Lockdowns are easing in the UK.

But it's not doing as much for growth as some had hoped.

New figures out Friday (July 9) showed the country's economic rebound slowing sharply.

In May growth slowed to a monthly rate of 0.8%.

That's way down on April's 2% surge, and less than economists had forecast.

Supermarkets were one sector to suffer.

That as more people went out to eat and drink.

Manufacturing also shrank slightly.

The chip shortage affecting carmakers led to the biggest fall in their output since the first lockdowns a year ago.

But other sectors did see big gains as people emerged from their homes.

Accommodation and food services grew by over 37% on the month.

Now Prime Minister Boris Johnson plans to lift most remaining restrictions on July 19.

British businesses will be hoping that unlocks a summer of big spending.

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