UK Final GDP q/q
It's the broadest measure of economic activity and the primary gauge of the economy's health;
The 'Previous' listed is the 'Actual' from the Prelim release and therefore the 'History' data will appear unconnected. 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 Final GDP q/q Graph
- History
| Expected Impact / Date | Actual | Forecast | Previous |
|---|---|---|---|
| Dec 23, 2024 | 0.0% | 0.1% | 0.1% |
| Sep 30, 2024 | 0.5% | 0.6% | 0.6% |
| Jun 28, 2024 | 0.7% | 0.6% | 0.6% |
| Mar 28, 2024 | -0.3% | -0.3% | -0.3% |
| Dec 22, 2023 | -0.1% | 0.0% | 0.0% |
| Sep 29, 2023 | 0.2% | 0.2% | 0.2% |
| Jun 30, 2023 | 0.1% | 0.1% | 0.1% |
| Mar 31, 2023 | 0.1% | 0.0% | 0.0% |
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- UK Final GDP q/q News
From bnnbloomberg.ca|Dec 23, 2024The UK economy failed to grow in the third quarter, according to revised estimates that suggest the slowdown has been sharper than expected since Labour took office. Gross domestic product was unchanged in the three months through September, the Office for National Statistics said Monday, a downgrade from its previous estimate of 0.1% growth. Economists had expected no revision. The second quarter was also weaker than thought with growth of 0.4% rather than 0.5%. The figures deliver a further blow to Prime Minister Keir Starmer, who ...
From ons.gov.uk|Dec 23, 2024UK real gross domestic product (GDP) is estimated to have shown no growth in Quarter 3 (July to Sept) 2024, revised down from the first estimate increase of 0.1%. The quarterly path of real GDP at an aggregate level is unchanged from Quarter 1 (Jan to Mar) 2023 to Quarter 1 2024, however, there have been downward revisions of 0.1 percentage points in Quarter 2 (Apr to June) and Quarter 3 2024. Within the output approach to measuring GDP, there was no growth in the services sector in the latest quarter, whilst a 0.7% increase in ...
From ons.gov.uk|Sep 30, 2024UK gross domestic product (GDP) is estimated to have grown by 0.5% in Quarter 2 (Apr to June) 2024, revised down from a first estimate increase of 0.6%. The quarterly path of real GDP at an aggregate level is largely unchanged from 2023 onwards, however, there have been downward revisions of 0.1 percentage points in Quarter 1 (Jan to Mar) 2023 and Quarter 2 2024. Following the preannounced revisions to growth in 2022, GDP for 2023 as a whole is estimated to have increased by 0.3%, revised up from the first estimate increase of 0.1% ...
From ons.gov.uk|Jun 28, 2024The household saving ratio is estimated to have increased to 11.1% in Quarter 1 (Jan to Mar) 2024, from 10.2% in the previous quarter. The increase in the saving ratio was driven by increases in compensation of employees of £4.3 billion and the adjustment for pension entitlements of £3.7 billion. Real households' disposable income (RHDI) is estimated to have grown by 0.7%, maintaining the same growth as Quarter 4 (Oct to Dec) 2023. Within RHDI, nominal gross disposable income saw growth at 1.1%. The UK's borrowing position with the ...
From ons.gov.uk|Mar 28, 2024UK gross domestic product (GDP) is estimated to have fallen by an unrevised 0.3% in Quarter 4 (Oct to Dec) 2023, following an unrevised fall of 0.1% in the previous quarter. The economy decreased for two consecutive quarters, while GDP for 2023 as a whole is estimated to have increased by an unrevised 0.1% compared with 2022. In output terms in Quarter 4 2023 there were falls in all three main sectors with declines of 0.1% in services, 1.1% in production, and 0.9% in construction output. In expenditure terms there was a fall in the ...
From cnbc.com|Dec 22, 2023The U.K. is edging closer to recession after revised figures showed the economy shrank in the previous quarter. U.K. gross domestic product (GDP) fell by 0.1% between July and September, a downward revision from the earlier estimate of flat growth, according to new data released Friday by the Office for National Statistics. There was also zero growth in the prior three months, the new figures showed, down from the 0.2% growth previously calculated. Data due out in February will show whether the U.K. has entered a technical recession ...
From ons.gov.uk|Dec 22, 2023UK gross domestic product (GDP) is estimated to have fallen by 0.1% in Quarter 3 (July to Sept) 2023, revised down from a first estimate of no growth. UK GDP is now estimated to have shown no growth in Quarter 2 (Apr to June) 2023, revised down from a previously estimated increase of 0.2%, while growth in Quarter 1 (Jan to Mar) 2023 and all quarters of 2022 is unrevised. Looking at the quarters open to revision, real GDP growth is unrevised in five of the seven quarters compared with the first quarterly estimate; however, it is ...
From forexlive.com|Sep 29, 2023|4 commentsThere was a slight beat in the year-on-year reading, up to 0.6% from the 0.4% estimate in the preliminary report last month. That being said, I wouldn't be too quick to cheer on any marginal growth in GDP considering the bleak outlook so far in the second-half of the year. But I guess he still has to fulfill his duty as a politician, eh?
| Released on Dec 23, 2024 |
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| Released on Sep 30, 2024 |
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| Released on Jun 28, 2024 |
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| Released on Mar 28, 2024 |
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| Released on Dec 22, 2023 |
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| Released on Sep 29, 2023 |
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