Deutsche Bank Sees A United Kingdom GDP Slowdown in H2 2025

BY MT Newswires | ECONOMIC | 09/08/25 09:25 AM EDT

09:25 AM EDT, 09/08/2025 (MT Newswires) -- After a surprisingly stronger Q2, where the United Kingdom claimed the fastest gross domestic product growth rate among G7 economies, all signs point to a slowdown in economic activity in H2 of the year, said Deutsche Bank.

A course correction in trade-fronting, stockpiling, net acquisitions of precious metals and public sector spending, the bank thinks, will see U.K. GDP growth slow into H2.

The U.K. will release the July GDP on Friday. Deutsche Bank's nowcast models point to a 0.1% month-over-month contraction to start the summer -- though the bank predicts some upside risks given the timing of the UEFA Women's Euro finals.

Overall, however, Deutsche Bank forecasts all three key sectors in the U.K. to decline.

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