India, July 11 -- The UK economy shrank unexpectedly in May on a sharp fall in industrial output, data from the Office for National Statistics revealed on Friday.

Gross domestic product fell 0.1 percent in May, following a 0.3 percent drop in April. GDP was forecast to grow 0.1 percent. Moreover, GDP contracted 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. These declines were partially offset by an increase of 0.1 percent in services output.

In the three months to May, real GDP grew 0.5 percent compared with the previous three months. GDP expanded 0.7 percent in May from the previous year...