The UK economy is growing faster than expected in July, partly suppressing fears of a possible recession. The British economy registered a 0.3% growth in July, aided by the dominant services sector, according to the National Statistics Service.

A 0.2% contraction in the second quarter of the year, accompanied by some weak business data, raised concerns about entering a recession.

An economy is said to be in a recession when it saw a contraction in two consecutive quarters. Although growth in the services sector, which accounts for 80% of the UK economy, has helped to boost data, the UK’s National Statistics Office has warned the sector remains weak.

“Although the largest share of the economy, the services sector, returned to growth in July, the main picture shows that services are growing slightly in 2019”, said the statistics office.

Over the past week, a series of weak surveys targeting different sectors of the economy have raised concerns that the UK is at risk of entering a recession.

Analysts have indicated that recent data on the country’s gross domestic product (GDP) have calmed the situation.

The GDP growth in July is a sure sign that the economy is headed for growth in the third quarter. The June data lowers the likelihood that the country’s key interest rates will be lowered before the outcome of Brexit becomes clear.

Analysts also said that the August growth figures should be backed by automakers. Many of the concerns chose to withdraw their annual production halt in March because of concerns about Britain’s exit from the EU, as originally intended.

The GDP is expected to receive additional support of about 0.2% in August as automakers will work when they actually need to rest.