UK GDP YoY (May) Y/Y 1.3% vs. Exp. 1.4% (Prev. 1.2%)

ONS: Services drove growth across the three months with computer programming and advertising leading; the pharma industry also performed well. This was only partially offset by another weak period for power generation, while architectural and engineering firms also contracted. While all three main sectors grew over the three months, the slight growth in GDP in May was driven by services alone, with production and construction both falling back.