[RBC: UK GDP Growth Expected to Slow in the Coming Quarters] According to a report by Golden Finance on June 12, RBC analyst Cathal Kennedy stated in a report that UK economic growth is expected to slow further in the coming quarters due to the impact of the Middle East conflict. The latest data shows that the country's monthly GDP contracted by 0.1% in April, compared to a 0.3% growth in March. Kennedy noted that the high costs of goods and services caused by the Middle East conflict are expected to squeeze household real incomes and lead to reduced consumption. 'For the Bank of England's policy, what is truly more critical is the extent of the future economic slowdown and how much inflationary pressure from the conflict the country can absorb.'