UK Prelim GDP q/q
It's the broadest measure of economic activity and the primary gauge of the economy's health;
There are 2 versions of quarterly GDP released about 45 days apart – Preliminary and Final. The Preliminary release is the earliest and thus tends to have the most impact;
- UK Prelim GDP q/q Graph
- History
| Expected Impact / Date | Actual | Forecast | Previous |
|---|---|---|---|
| Aug 15, 2024 | 0.6% | 0.6% | 0.7% |
| May 10, 2024 | 0.6% | 0.4% | -0.3% |
| Feb 15, 2024 | -0.3% | -0.1% | -0.1% |
| Nov 10, 2023 | 0.0% | -0.1% | 0.2% |
| Aug 11, 2023 | 0.2% | 0.0% | 0.1% |
| May 12, 2023 | 0.1% | 0.1% | 0.1% |
| Feb 10, 2023 | 0.0% | 0.0% | -0.3% |
| Nov 11, 2022 | -0.2% | -0.5% | 0.2% |
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- UK Prelim GDP q/q News
From bnnbloomberg.ca|Aug 17, 2024Britain’s economy is enjoying a “Goldilocks moment” with slowing inflation, rising employment and healthy growth that’s likely to set the stage for a more comfortable backdrop both for the Bank of England and Keir Starmer’s government. A strong performance in the second quarter meant the UK enjoyed the best growth in the Group of Seven nations in the first half of 2024, outstripping the US and well ahead of other European countries. Official data this week also showed that workers were hired at the quickest pace since November, ...
From ons.gov.uk|Aug 15, 2024UK gross domestic product (GDP) is estimated to have increased by 0.6% in Quarter 2 (Apr to June) 2024, following an increase of 0.7% in Quarter 1 (Jan to Mar) 2024. Compared with the same quarter a year ago, GDP is estimated to have increased by 0.9% in Quarter 2 2024. In output terms, services grew by 0.8% on the quarter with widespread growth across the sector; this offset falls of 0.1% in both the production and construction sectors. In expenditure terms, there were increases in gross capital formation, government consumption and ...
From rttnews.com|Aug 15, 2024Gross domestic product data from the UK is the major economic report due on Thursday, headlining a light day for the European economic news. At 2.00 am ET, the Office for National Statistics is scheduled to publish UK GDP data for the second quarter and industrial output and foreign trade figures for June. The economy is expected to grow 0.6 percent sequentially after rising 0.7 percent in the prior quarter. The UK visible trade deficit is expected to narrow to GBP 16 billion in June from GBP 17.9 billion in May. Economists forecast ...
From ons.gov.uk|May 10, 2024UK gross domestic product (GDP) is estimated to have increased by 0.6% in Quarter 1 (Jan to Mar) 2024, following declines of 0.3% in Quarter 4 (Oct to Dec) and 0.1% in Quarter 3 (July to Sept) 2023. Compared with the same quarter a year ago, GDP is estimated to have increased by 0.2% in Quarter 1 2024. In output terms, services grew by 0.7% on the quarter with widespread growth across the sector; elsewhere the production sector grew by 0.8% while the construction sector fell by 0.9%. In expenditure terms, there were increases in the ...
From abcnews.go.com|Feb 15, 2024The British economy fell into recession at the end of 2023 for the first time since the onset of the coronavirus pandemic, as output shrank more than anticipated in the final three months of the year, official figures showed Thursday. In what is a blow for the governing Conservative Party ahead of a general election this year, the Office for National Statistics estimated that economic activity, as measured by gross domestic product, declined by 0.3% in the fourth quarter of the year from the previous three-month period. It said all ...
From ons.gov.uk|Feb 15, 2024|5 commentsUK gross domestic product (GDP) is estimated to have fallen by 0.3% in Quarter 4 (Oct to Dec) 2023, following an unrevised fall of 0.1% in the previous quarter. While the economy has now decreased for two consecutive quarters, across 2023, GDP is estimated to have increased by 0.1% compared with 2022. In output terms in Quarter 4 2023, there were falls in all three main sectors in the latest quarter with declines of 0.2% in services, 1.0% in production, and 1.3% in construction output. In expenditure terms, there was a fall in the ...
From ons.gov.uk|Feb 15, 2024|2 commentsReal gross domestic product (GDP) is estimated to have fallen by 0.3% in the three months to December 2023, compared with the three months to September 2023. On a quarterly basis, this gives two consecutive falls in GDP, with a fall of 0.3% in Quarter 4 (Oct to Dec) 2023 following an unrevised fall of 0.1% in Quarter 3 (July to Sept) 2023. For further details, see our GDP first quarterly estimate: October to December 2023 bulletin. Monthly GDP is estimated to have fallen by 0.1% in December 2023, following a growth of 0.2% in ...
From ons.gov.uk|Nov 10, 2023UK gross domestic product (GDP) is estimated to have shown no growth in Quarter 3 (July to Sept) 2023, following an increase of 0.2% in the previous quarter. GDP is estimated to have increased by 0.6% in Quarter 3 2023 compared with the same quarter a year ago. In output terms there was a 0.1% fall in the services sector, which offset a 0.1% increase in construction output and broadly flat output in the production sector. In expenditure terms, an increase in the volume of net trade was offset by falls in business investment, ...
| Released on Aug 15, 2024 |
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| Released on May 10, 2024 |
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| Released on Feb 15, 2024 |
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| Released on Nov 10, 2023 |
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