July, 12 2025 Saturday 20:57 Hrs
Ifin-logo
  • SENSEX :   82,500.47

  • Top commodity trading and broking companies in India-689.81( -0.83%) 11-Jul-2025
Login for
FundBoss
Trade Online
Open Account

Mid Session Commentary - Detailed News

Economic Buzz: UK economy contracts for second month in row
11-Jul-25   14:10 Hrs IST
The UK economy contracted in May on a sharp fall in industrial output, data from the Office for National Statistics revealed on Friday. Gross domestic product slipped 0.1 percent in May, following a 0.3 percent drop in April. Marking a contraction for the second straight month. Among three main sectors, industrial production was the largest contributor to the monthly GDP fall, which was down 0.9 percent. Construction output fell 0.6 percent. There was an increase of 0.1 percent in services output. In the three months to May, real GDP rose 0.5 percent compared with the previous three months. GDP expanded 0.7 percent in May from the previous year.

Powered by Commodity Insights
Top
Attention Investor:
Prevent unauthorised transactions in your account Update your mobile numbers/email IDs with your stock brokers/Depository Participant.     KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, ,Mutual ).    No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.