GDP quarterly national accounts, UK: January to March 2025

From ons.gov.uk

UK gross domestic product (GDP) is estimated to have grown by 0.7% in Quarter 1 (Jan to Mar) 2025, unrevised from the first estimate. In output terms, growth in Quarter 1 2025 was driven by an increase of 0.7% in the services sector, production also grew, by 1.3%, and the construction sector grew by 0.3%. In expenditure terms, growth in the latest quarter was driven by increases in gross fixed capital formation, net trade and household consumption. Nominal GDP is estimated to have increased by 1.5% in Quarter 1 2025, mainly driven by an increase in compensation of employees. Real GDP per head is estimated to have ... (full story)