[Barclays: UK GDP Decline Won't Surprise the Bank of England] Jin10 News, June 12 – Barclays analysts Jack Meaning and Sean Hennigan stated in a report that the UK's GDP contracted by 0.1% month-on-month in April, aligning with the Bank of England's forecast of 0.1% economic growth for the second quarter. The central bank is set to hold a policy meeting next week. They noted that the services sector dragged down economic growth, with negative contributions from sports and entertainment, partly due to the cancellation of sporting events in the Middle East. The market's attention now shifts to next week's release of May inflation data and April labor market data to see if there are any surprises. It would take significant data to alter the outcome of the June meeting, but it could marginally influence the distribution of votes and the tone of specific passages.