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GDP quarterly national accounts, UK: October to December 2024
UK real gross domestic product (GDP) is estimated to have increased by 0.1% in Quarter 4 (Oct to Dec) 2024, unrevised from the first estimate. Looking at the quarters open to revision; real GDP growth is unrevised in five of the eight quarters compared with the first estimate, with growth in Quarter 4 (Oct to Dec) 2023 to Quarter 2 (Apr to June) 2024 each revised up 0.1 percentage points. The services sector increased by 0.1% in output terms for Quarter 4 2024; construction also grew, by 0.3%, while production fell by 0.4%. Real annual GDP in 2024 is now estimated to have increased by 1.1%, revised up from the first ... (full story)