News

UK Economy Suffers 1st Contraction in Nearly 7 Years
Britain's economy shrank 0.2 percent in the second quarter of 2019, compared to forecasts that had pointed to stagnation and following a 0.5 percent growth in the previous three-month period, a preliminary estimate showed. That was the first quarter of contraction since the last quarter of 2012.
Published on 2019-08-09

UK Q1 GDP Growth Confirmed at 0.5%
Britain's quarterly economic growth was confirmed at 0.5 percent in the first quarter of 2019, above the previous three-month period's figure of 0.2 percent. Household expenditure, government consumption and investment contributed positively to GDP growth, while net trade contributed negatively.
Published on 2019-06-28

UK GDP Growth Accelerates to 0.5% in Q1
The UK economy grew by 0.5 percent on quarter in the first three months of 2019, accelerating from a 0.2 percent expansion in the previous period and matching market expectations, a preliminary estimate showed. Private consumption, government spending and gross capital formation contributed positively, while net trade contributed negatively to GDP growth.
Published on 2019-05-10

UK Q4 GDP Growth Confirmed at 0.2%
Britain's quarterly economic growth was confirmed at 0.2 percent in the three months to December 2018, below the previous three-month period's revised figure of 0.7 percent. Household consumption and government spending supported the expansion, while gross capital formation and net trade contributed negatively to GDP growth.
Published on 2019-03-29

UK GDP Growth Slows to 0.2% in Q4
The UK economy grew by 0.2 percent on quarter in the three months to December 2018, easing from a 0.6 percent expansion in the previous period and matching market expectations, a preliminary estimate showed.
Published on 2019-02-11

UK Q3 GDP Growth Confirmed at Near 2-Year High
Britain's quarterly economic growth was confirmed at 0.6 percent in the three months to September 2018, the strongest expansion since the last quarter of 2016 and compared to a 0.4 percent advance in the previous period. Household spending and exports were the main drivers of growth while business investment has fallen for three consecutive quarters, which has not been seen since the global financial crisis, in part due to Brexit-related economic and political uncertainty.
Published on 2018-12-21

UK Economy Grows at Fastest Pace in Nearly 2 Years
The British economy grew by 0.6 percent on quarter in the three months to September 2018, following a 0.4 percent expansion in the previous period and matching market expectations, a preliminary estimate showed. It was the strongest growth rate since the last quarter of 2016 as household spending and exports rose firmly while business investment contracted at the fastest pace since early 2016 in part due to Brexit-related economic and political uncertainty.
Published on 2018-11-09

UK Q2 GDP Growth Confirmed at 0.4%
The British economy grew by 0.4 percent on quarter in the three months to June 2018, unrevised from the first estimate and above the previous period's figure of 0.1 percent. Household consumption rose faster than initially thought while business investment unexpectedly contracted amid uncertainty around Brexit.
Published on 2018-09-28

UK Economy Expands 0.4% in Q2
The British economy grew by 0.4 percent on quarter in the three months to June 2018, following a 0.2 percent expansion in the previous period and matching market expectations, a preliminary estimate showed. Household consumption rose further and fixed investment rebounded firmly, while net trade subtracted from growth.
Published on 2018-08-10

UK Q1 GDP Growth Revised Higher to 0.2%
The British economy grew by 0.2 percent on quarter in the three months to March 2018, slightly above the second estimate of 0.1 percent and following a 0.4 percent expansion in the previous period.
Published on 2018-06-29

UK GDP Growth Confirmed at 0.1% in Q1
The British economy expanded 0.1 percent on quarter in the first three months of 2018, in line with the preliminary estimate and well below 0.4 percent in the previous period. It is the lowest growth rate since a 0.1 percent contraction in Q4 2012, the second estimate showed.
Published on 2018-05-25

UK Q1 GDP Growth Slows to Weakest in 5 Years
The British economy grew by 0.1 percent on quarter in the three months to March 2018, easing from a 0.4 percent expansion in the previous period and missing market expectations of 0.3 percent, a preliminary estimate showed. It was the weakest growth rate since a 0.1 percent contraction recorded in the fourth quarter of 2012.
Published on 2018-04-27

UK Q4 GDP Growth Confirmed at 0.4%
The British economy grew by 0.4 percent on quarter in the three months to December of 2017, unrevised from the second estimate and following a 0.5 percent expansion in the previous period. Fixed investment increased firmly despite a slowdown in business investment, while net trade contributed negatively to growth.
Published on 2018-03-29

UK Q4 GDP Growth Revised Down to 0.4%
The British economy grew by 0.4 percent on quarter in the three months to December of 2017, below the preliminary estimate of 0.5 percent and following an upwardly revised 0.5 percent expansion in the previous period. Production output rose less than initially thought. On the expenditure side, there was a slowdown in growth of household spending and business investment.
Published on 2018-02-22

UK Q4 GDP Growth Beats Expectations
The British economy grew by 0.5 percent on quarter in the three months to December 2017, beating market expectations of 0.4 percent, the preliminary estimate showed. The expansion was mainly driven by services and manufacturing while construction contracted for the third quarter in a row.
Published on 2018-01-26

UK Q3 GDP Growth Confirmed at 0.4%
The British economy advanced 0.4 percent on quarter in the three months to September of 2017, unrevised from the second estimate and following a 0.3 percent expansion in the previous period. Household consumption rose at stronger pace while fixed investment growth softened.
Published on 2017-12-22

UK Q3 GDP Growth Confirmed at 0.4%
The British economy advanced 0.4 percent on quarter in the three months to September of 2017, unrevised from the preliminary estimate and following a 0.3 percent expansion in the previous period. Household consumption rose at stronger pace, with car purchases recovering somewhat from a low Q2, while business investment growth softened.
Published on 2017-11-23

UK Q3 GDP Growth Beats Expectations
The British economy advanced 0.4 percent on quarter in the three months to September 2017, beating market expectations of 0.3 percent, the preliminary estimate showed. The expansion was mainly driven by services boosted by computer programming, motor trades and retail trade. Also, manufacturing returned to growth after a weak performance in the previous period while construction contracted for the second quarter in a row.
Published on 2017-10-25

UK Q2 GDP Growth Confirmed at 0.3%
The UK economy expanded 0.3 percent on quarter in the three months to June of 2017, unrevised from the second estimate of GDP and following an upwardly revised 0.3 percent expansion in the previous period. Fixed investment was the main driver of growth while household expenditure rose at a slower pace. From the production side, the services industries were the only positive contributor to output GDP growth.
Published on 2017-09-29

UK Q2 GDP Growth Rate Confirmed at 0.3%
The UK economy advanced 0.3 percent on quarter in the three months to June of 2017, unrevised from the preliminary estimate and following a 0.2 percent expansion in the previous period. There was relatively strong growth in government spending and investment, while household consumption rose at softer pace and business investment stalled.
Published on 2017-08-24

UK Economy Grows 0.3% in Q2
The British economy advanced 0.3 percent on quarter in the three months to June 2017, in line with market expectations and following a 0.2 percent expansion in the previous period, a preliminary estimate showed. The growth was driven by services mainly boosted by retail trade and film production and distribution, while construction and manufacturing contracted.
Published on 2017-07-26

UK Q1 GDP Growth Rate Weakest In 1 Year
The UK economy advanced 0.2 percent on quarter in the three months to March of 2017, unchanged from the previous estimate, and following a 0.7 percent expansion in the previous period. It was the weakest growth rate in one year, as household spending slowed while business investment rebounded. On the production side, growth was driven by output from the business services and finance, and construction industries, partially offset by declines in some consumer-focused industries.
Published on 2017-06-30

UK Q1 GDP Growth Revised Down To 0.2%
The UK economy advanced 0.2 percent on quarter in the three months to March of 2017, below the preliminary estimate of 0.3 percent, mainly due to broad-based downward revisions within the services sector. On the expenditure side, household spending slowed while business investment rebounded.
Published on 2017-05-25

UK Q1 GDP Growth Weaker Than Expected
The British economy advanced 0.3 percent on quarter in the three months to March 2017, easing from a 0.7 percent growth in the previous period and below market expectations of a 0.4 percent expansion, a preliminary estimate showed. It was the slowest rate of growth since the first quarter of 2016, as services output expanded at a slower pace.
Published on 2017-04-28

UK Q4 GDP Growth Confirmed At 0.7%
The British economy advanced 0.7 percent on quarter in the three months to December of 2016, following a downwardly revised 0.5 percent expansion in the previous period and in line with a second estimate. Net trade and consumer spending boosted growth while business investment contracted.
Published on 2017-03-31

UK Q4 GDP Growth Revised Up To 0.7%
The British economy advanced 0.7 percent on quarter in the three months to December of 2016, following a 0.6 percent expansion in the previous period and above the preliminary estimate of 0.6 percent, due to upward revisions within the manufacturing industries. On the expenditure side, exports rebounded sharply while household expenditure rose at a slower pace and business investment contracted.
Published on 2017-02-22

UK GDP Growth Beats Expectations In Q4
The UK economy advanced 0.6 percent on quarter in the three months to December of 2016, the same pace as in the previous period and better than market expectations of a 0.5 percent expansion, preliminary estimates showed. Services industries were the main drivers of growth, with a strong contribution from retail sales and travel agency services. Meanwhile, construction recovered slightly and production industries showed no growth, as a sharp contraction in mining and oil production offset a rebound in manufacturing and utilities.
Published on 2017-01-26

UK Q3 GDP Growth Revised Up To 0.6%
The British economy advanced 0.6 percent on quarter in the three months to September of 2016, the same as in the previous period and better than the second estimate of 0.5 percent expansion. Household expenditure continued to grow while fixed investment rose at a slower pace and net external demand contributed negatively. Compared with the same period of 2015, the economy advanced 2.2 percent following a downwardly revised 2 percent expansion in the precedent quarter and missing the second estimate of 2.3 percent gain.
Published on 2016-12-23

UK Q3 GDP Growth Confirmed at 0.5%
The British economy advanced 0.5 percent on quarter in the three months to September of 2016, slowing from a 0.7 percent expansion in the previous period and in line with the preliminary estimate. Net external demand was the main driver of growth, while household expenditure and fixed investment rose at a slower pace.
Published on 2016-11-25

UK GDP Growth Beats Expectations
The UK economy advanced 0.5 percent on quarter in the three months to September of 2016, slowing from a 0.7 percent expansion in the previous period but better than market expectations of 0.3 percent, preliminary estimates showed. It is the first GDP figure covering a full quarter following the EU referendum, suggesting growth continues to be broadly unaffected with a strong performance in the services industries offsetting falls in other industrial groups.
Published on 2016-10-27

UK GDP Growth Revised Up to 0.7% in Q2
UK's gross domestic product expanded 0.7 percent quarter-on-quarter in the three months to June of 2016, revised up from 0.6 percent previously estimated and higher than a 0.4 percent gain in the previous period. It was the 14th consecutive quarter of expansion, as household spending and fixed investment were the main drivers of growth, final figures showed.
Published on 2016-09-30

Consumer Spending Boosts UK GDP Growth in Q2
The British economy expanded 0.6 percent on quarter in the three months to June of 2016, higher than a 0.4 percent growth in the previous quarter and in line with the preliminary reading. Household spending boosted growth and investment rebounded, figures from the second estimate showed.
Published on 2016-08-26

UK GDP Growth Beats Expectations in Q2
The UK’s economy advanced 0.6 percent on quarter in the three months to June of 2016, higher than a 0.4 percent expansion in the previous period and better than market expectations of 0.4 percent. Industrial production rebounded and posted the biggest gain since 1999, boosted by mining, quarrying and manufacturing while services growth slowed and construction shrank for the second quarter, preliminary estimates showed.
Published on 2016-07-27

UK GDP Grows 0.4% in Q1 ahead of Brexit Vote
The UK’s economy expanded 0.4 percent on quarter in the first three months of 2016, in line with preliminary estimates and slowing from an upwardly revised 0.7 percent expansion in the last quarter of 2015. Consumer spending was the main driver of growth while business investment shrank more than expected and exports declined the most in six quarters, final figures showed.
Published on 2016-06-30

UK GDP Growth Confirmed at 0.4% QoQ in Q1
The British economy expanded 0.4 percent on quarter in the first three months of 2016, slowing from a 0.6 percent growth in the previous period and matching preliminary estimates. Household spending continued to support growth while exports shrank and business investment contracted for the second straight quarter amid uncertain results for the EU Membership referendum.
Published on 2016-05-26

UK GDP Growth Slows to 0.4% in Q1
The British economy expanded 0.4 percent on quarter in the first three months of 2016, slowing from a 0.6 percent growth in the previous period and in line with market expectations, preliminary figures showed. The services sector led the expansion industrial production, construction and agriculture shrank.
Published on 2016-04-27

UK GDP Growth Revised Up
The British economy advanced 0.6 percent on quarter in the last three months of 2015, higher than a 0.5 percent estimate earlier released and compared to a 0.4 percent growth in the previous quarter. Consumer demand remained the main driver of growth and the negative impact from trade came lower than expected while the drag from business investment was larger.
Published on 2016-03-31

Household Spending Drives UK GDP Growth in Q4
The British economy advanced 0.5 percent on quarter in the last three months of 2015, in line with the preliminary estimate. Growth was mainly driven by household spending while gross fixed capital formation and exports decreased, figures from ONS second estimate showed.
Published on 2016-02-25

UK GDP Expands 0.5% in Q4
The British economy advanced 0.5 percent on quarter in the last three months of 2015, accelerating from a 0.4 percent growth in the previous period and in line with market expectations, preliminary estimates showed. Services contributed 0.52 percentage point to the expansion while industry subtracted 0.03 percentage point.
Published on 2016-01-28

UK GDP Growth Revised Down to 0.4%
The UK economy advanced 0.4 percent on quarter in the three months to September of 2015, lower than preliminary estimates of a 0.5 percent gain and slowing from a downwardly revised 0.5 percent expansion in the previous period. Gross capital formation and public spending grew less than anticipated while the drag from net external trade was smaller than expected, final figures showed.
Published on 2015-12-23

Net Trade Drags UK GDP Growth Down to 0.5%
The UK economy advanced 0.5 percent on quarter in the three months to September of 2015, slowing from a 0.7 percent expansion in the previous period and in line with the preliminary estimate. Gross capital formation rebounded while net external proved a drag of 1.5 percentage points on overall growth in the quarter, figures from the ONS second estimate showed.
Published on 2015-11-27

UK GDP Growth Below Expectations
The British economy advanced 0.5 percent on quarter in the three months to September of 2015, slowing from a 0.7 percent expansion in the previous period, according to preliminary estimates. Figures came lower than expected, as construction declined the most in three years and manufacturing remained depressed.
Published on 2015-10-27

UK GDP Growth Confirmed at 0.7%
The British economy expanded 0.7 percent on quarter in the three months to June of 2015, higher than a 0.4 percent increase in the previous period and in line with preliminary estimates. It is the tenth consecutive quarter of growth, driven by a surge in business investment and exports.
Published on 2015-09-30

UK GDP Growth Accelerates in Q2
The British economy expanded 0.7 percent on quarter in the three months to June 2015, in line with market expectations and boosted by business services and finance and gas and oil production, preliminary estimates showed.
Published on 2015-07-28

UK GDP Growth Revised Up
The British economy expanded 0.4 percent in the first three months of 2015, better than an initial estimate of 0.3 percent and boosted by household consumption and investment. Still, it is the lowest growth rate since the last quarter of 2013.
Published on 2015-06-30

UK GDP Growth Confirmed at 0.3%
The British economy expanded 0.3 percent in the first three months of 2015 matching preliminary estimates but slowing from a 0.6 percent rise in the previous period. Second estimates released by the Office for National Statistics showed a drop in exports and higher imports weighted down on growth.
Published on 2015-05-28

UK Q1 GDP Growth Disappoints
The British economy expanded a weaker-than-expected 0.3 percent on quarter in the first three months of 2015, hurt by a slowdown in business, financial services and manufacturing and decline in mining and construction.
Published on 2015-04-28

UK GDP Growth Revised Up to 0.6% in Q4
The British economy advanced 0.6 percent on quarter in the last three months of 2014, higher than 0.5 percent estimate released last month and driven by rise in exports.
Published on 2015-03-31

UK GDP Growth Confirmed at 0.5% in Q4
The British economy grew 0.5 percent in the last three months of 2014, slowing from a 0.7 percent rise in the previous period, second estimates released by the Office for National Statistics showed.
Published on 2015-02-26

UK Economy Slows More than Expected
British GDP advanced 0.5 percent on quarter in the last three months of 2014, below market expectations and compared with a 0.7 percent expansion in the previous period. Preliminary estimates showed services were the main driver of growth while construction and mining shrank.
Published on 2015-01-27

UK GDP Growth Confirmed at 0.7% in Q3
The British economy expanded 0.7 percent on quarter in the three months to September, in line with previous estimates but down from a revised 0.8 percent increase in the previous period. Household and government consumption were the main drivers of growth.
Published on 2014-12-23

UK Economy Expands 0.7% in Q3
The British economy grew 0.7 percent in the three months to September, according to the second estimate released by the statistical office. Private consumption and government spending were the main drivers of expansion while business investment and exports shrank.
Published on 2014-11-26

UK GDP Growth Slows in Q3
The UK economy expanded 0.7 percent on quarter in the three months to September, slowing from a 0.9 percent increase in the second quarter. Preliminary estimates showed services were the biggest contributor to the growth while mining and quarrying shrank for the second consecutive quarter and manufacturing posted the lowest gain in six quarters.
Published on 2014-10-24

UK GDP Grows Stronger Than Expected
The UK economy expanded 0.9 percent in the second quarter of 2014, up 0.1 percentage points from the second estimate, mainly due to changes in the GDP calculating methods. Figures for the first quarter were also revised to a 0.7 percent expansion, from a 0.8 percent increase previously reported.
Published on 2014-09-30

UK GDP Growth Confirmed at 0.8% in Q2
UK economy expanded by 0.8 percent in Q2 2014, the second consecutive quarter-on-quarter increase of 0.8 percent, unrevised from the preliminary estimate published on July 25th.
Published on 2014-08-15

UK GDP Expands 0.8% in Q2
The UK economy advanced 0.8 percent on quarter in the three months to June, the same growth rate recorded in the previous period, driven by the services sector. Preliminary estimates showed the economy is now 0.2 percent bigger than in the first quarter of 2008, its previous peak.
Published on 2014-07-25

Investment Drives UK GDP Growth in Q1
The British economy expanded 0.8 percent in the first quarter of 2014, according to final figures and unchanged from the previous estimates, driven by business investment. Year-on-year, the GDP advanced 3 percent, slightly down from a preliminary 3.1 percent estimate.
Published on 2014-06-27

UK GDP Growth Unrevised at 0.8% in Q1
UK GDP advanced 0.8 percent in the first quarter of 2014, unrevised from last month's preliminary estimate. While production, construction and services expanded on the quarter, agriculture shrank by 0.7 percent.
Published on 2014-05-22

UK Economy Grows Below Expectations in Q1
UK’s GDP advanced 0.8 percent in the first three months of 2014, marking a fifth straight quarter of economic expansion. While manufacturing and services climbed 1.3 percent and 0.9 percent respectively, agriculture and mining were down.
Published on 2014-04-29

UK GDP Growth Confirmed at 0.7% in Q4
UK economy advanced 0.7 percent quarter on quarter in the last three months of 2013, in line with previous estimates. Full-year GDP growth in 2013 was revised down to 1.7 percent from 1.8 percent recorded earlier.
Published on 2014-03-28

UK GDP Growth Confirmed at 0.7% in Q4
UK's GDP rose 0.7 percent on a quarter-on-quarter basis in the last three months of 2013, matching initial estimates and recording its fourth consecutive quarter of growth. Compared with the same quarter of 2012, the GDP expanded 2.7 percent, revised down 0.1 percentage points from the previously estimated 2.8 percent increase.
Published on 2014-02-26

UK GDP Growth Matches Expectations in Q4 2013
In the fourth quarter of 2013, UK's GDP grew 0.7 percent over the previous quarter, boosted by the services sector. Though matching market expectations, preliminary estimates showed the economy slowed in the last three months of 2013 from a 0.8 percent growth rate recorded in the previous two quarters.
Published on 2014-01-28

UK Q3 Final GDP Growth at 0.8% QoQ
In the third quarter of 2013, the final reading for the UK quarter-on-quarter GDP growth was confirmed at 0.8 percent. Second quarter growth was revised up to 0.8 percent and the third quarter annual rate was also revised upwards, from 1.5 percent to 1.9 percent.
Published on 2013-12-20

UK GDP Growth Confirmed at 0.8% in Q3
In Q3, United Kingdom GDP growth accelerated to 0.8 percent quarter-on-quarter, up from 0.7 percent in the previous three-month period and matching the initial estimate. While production in manufacturing, construction and services boosted the expansion, electricity and agriculture shrank.
Published on 2013-11-27

UK Economy Expands 0.8% in Q3
In Q3, United Kingdom GDP growth accelerated to 0.8 percent quarter-on-quarter, up from 0.6 percent in the second quarter of 2013 and in line with expectations. Output increased in all main industrial groups and at its fastest pace in more than three years.
Published on 2013-10-25

UK GDP Growth Confirmed at 0.7% QoQ in Q2
UK's gross domestic product increased by 0.7 percent between Q1 2013 and Q2 2013, unrevised from the previous estimate. The increase was broad based, with all three major industry groups, services, production and construction making positive contributions.
Published on 2013-09-26

United Kingdom GDP Growth Revised Up to 0.7% in Q2
In Q2, UK's Gross Domestic Product grew by 0.7 percent, an upward revision of 0.1 percentage points from the previous estimate, and following growth of 0.3 percent in Q1 2013. The service sector continued to support growth, rising 0.6 percent and contributing 0.5 percentage points to GDP growth.
Published on 2013-08-23

UK Economic Growth Accelerates in Q2
UK GDP grew by 0.6 percent in the second quarter from the previous three months, in line with expectations and double the 0.3 percent expansion in Q1. While services were the biggest contributor to the growth; agriculture, production and construction also expanded during the period.
Published on 2013-07-25

UK Economy Expands 0.3% QoQ in Q1
In Q1 of 2013, UK gross domestic product increased 0.3 percent qoq, unrevised from the previous publication. GDP growth between Q4 2011 and Q1 2012 was revised from a fall of 0.1 percent to flat meaning Britain's economy did not suffer a double-dip recession as previously reported. GDP is estimated to be 3.9 percent lower than the pre-financial crisis peak in Q1 of 2008.
Published on 2013-06-27

United Kingdom GDP Expands 0.3% QoQ in Q1
UK gross domestic product in volume terms was estimated to have increased by 0.3 percent between the fourth quarter of 2012 and the first quarter of 2013, unrevised from the previous publication.
Published on 2013-05-23

United Kingdom Economy Expands 0.3% Quarter-on-Quarter in Q1
United Kingdom GDP increased by 0.3 percent in Q1 2013 compared with Q4 2012. GDP was 0.4 percent higher in Q1 2013 than in Q3 2011 and therefore has been broadly flat over the last 18 months.
Published on 2013-04-25

U.K. GDP Contracts 0.3% quarter-on-quarter in Q4
The U.K. economy contracted 0.3 percent quarter-on-quarter in the fourth quarter, unrevised from the previous estimate, the latest figures from the Office for National Statistics showed.
Published on 2013-03-27

UK GDP Contracts 0.3% quarter-on-quarter in Q4
The U.K. economy contracted 0.3 percent quarter-on-quarter in the fourth quarter, unrevised from the previous estimate, the latest figures from the Office for National Statistics showed.
Published on 2013-02-27

United Kingdom GDP Growth Contracts 0.3% in Q4
GDP was estimated to have decreased by 0.3 percent in Q4 2012 compared with Q3 2012 and to have been flat in Q4 2012, when compared with Q4 2011. GDP is estimated to have been flat between 2011 and 2012.
Published on 2013-01-25

U.K. GDP Growth Revised Down to 0.9 Percent In Q3
The UK economy grew by 0.9 per cent in the third quarter of 2012, following three consecutive quarters of negative growth. Despite being revised down by 0.1 percentage points from the previous estimate, the latest quarterly growth rate remains the strongest since the third quarter of 2007.
Published on 2012-12-21

U.K. GDP Expands by 1 Percent in Q3
After three consecutive periods of falling gross domestic product (GDP), the UK's economy grew by 1 per cent during the third quarter of 2012.
Published on 2012-10-25

UK GDP Revised Up in Q2
UK gross domestic product (GDP) in volume terms decreased by 0.5 per cent in the second quarter of 2012, revised from the previously estimated 0.7 per cent decline.
Published on 2012-08-24

U.K. GDP Contracts 0.7% in Q2
U.K. Gross Domestic Product decreased by 0.7 per cent in the second quarter of 2012. The most significant contribution to this fall came from the construction sector; there was, however, also weakness in both the production and services sectors.
Published on 2012-07-25

U.K. Economy Contracts 0.2% in Q1
U.K. Gross Domestic Product (GDP) decreased by 0.2 per cent in the first quarter of 2012, driven by weakness in the construction sector and the production sector.
Published on 2012-05-07

UK GDP Contracts 0.3% in Q4
UK gross domestic product (GDP) in volume terms decreased by 0.3 per cent in the fourth quarter of 2011, revised from a decline of 0.2 per cent previously estimated. For the year 2011, GDP in volume terms increased by 0.7 per cent.
Published on 2012-03-28

UK GDP Contracts 0.2% in Q4
UK GDP for the fourth quarter of 2011 dropped by 0.2%, a worse than expected figure that will heighten fears of a double-dip recession.
Published on 2012-01-25

UK GDP Revised Up in Q3
The UK economy bounced back between July and September with stronger than expected growth of 0.6% after it ground to a halt in the second quarter, the Office for National Statistics said on December 22.
Published on 2011-12-22

UK GDP Growth Accelerates in Q3
UK Gross Domestic Product rose by 0.5 per cent in the third quarter of 2011, driven by strength in the Services sector and the Production sector. The Construction sector showed a small decline.
Published on 2011-11-01

UK GDP Growth Revised Down to 0.1% in Q2
UK gross domestic product (GDP) in volume terms increased by 0.1 per cent in the second quarter of 2011.
Published on 2011-10-05

UK Growth Remains Stagnant in Q2
The chained volume measure of gross domestic product increased 0.2 per cent in the second quarter of 2011, following positive growth of 0.5 per cent in the previous quarter.
Published on 2011-07-26

UK Economy Expands by 0.5% in Q1
United Kingdom GDP rose by 0.5 per cent in the first quarter of 2011, following a fall of 0.5 per cent in the fourth quarter of 2010. GDP increased 1.8 per cent in 2011 Q1 compared with 2010 Q1.
Published on 2011-04-27

UK Economy Contracts by 0.5% in Q4
UK GDP growth contracted by 0.5 per cent in the fourth quarter of 2010, revised from a fall of 0.6 per cent previously published. GDP in the fourth quarter of 2010 is now 1.5 per cent higher than the fourth quarter of 2009.
Published on 2011-03-29

UK GDP Contracts 0.6% in Q4
UK Gross domestic product contracted by 0.6 per cent in the fourth quarter of 2010, revised down from the previously estimated fall of 0.5 per cent. GDP in the fourth quarter of 2010 is now 1.5 per cent higher than the fourth quarter of 2009.
Published on 2011-02-25

UK GDP Falls 0.5% in the Fourth Quarter
UK Gross Domestic Product decreased by 0.5 per cent in the fourth quarter of 2010, compared with an increase of 0.7 per cent in the previous quarter.
Published on 2011-01-25

UK Third Quarter GDP Revised Down to 0.7%
UK gross domestic product (GDP) in volume terms rose by 0.7 per cent compared with the previous quarter, revised down from the 0.8 per cent rise published in November. GDP in volume terms fell by 4.9 per cent during 2009, revised up from the 5.0 per cent fall previously published.
Published on 2010-12-22

UK GDP Growth Slows to 0.8% in Q3
UK Gross Domestic Product (GDP) increased 0.8% in the third quarter of 2010, according to the Office for National Statistics, compared with an increase of 1.2% in the previous quarter.
Published on 2010-10-31

UK GDP Growth Revised Up to 1.2%
The UK economy grew slightly faster than initially thought in the second quarter, expanding by 1.2 per cent rather than the 1.1 per cent first estimated.
Published on 2010-08-27

U.K. Economy Grows 1.1% in Q2
Britain's economy grew by 1.1 percent in the second quarter, the Office for National Statistics said, surprising markets that had expected more modest expansion.
Published on 2010-07-23

UK Recovery Still Fragile
This week, UK GDP growth for the first quarter of 2010 was revised up to 0.3%. And although this number may look encouraging it is very unlikely that this year British economy will record any significant recovery.
Published on 2010-05-25

UK Economy Grows More Than Estimated
The U.K. economy grew more than previously estimated in the first quarter as rebounding investment and the biggest jump in manufacturing for four years strengthened the recovery.
Published on 2010-05-25

British Economy Grows Half as Much as Forecast
The U.K. economy grew half as much as forecast in the first quarter, underscoring the fragility of the recovery as Prime Minister Gordon Brown struggles to convince voters that his party deserves a fourth term.
Published on 2010-04-23

U.K. GDP Grows at Faster-Than-Estimated Pace in Fourth Quarter
The U.K. economy emerged from recession in the fourth quarter at a faster pace than previously estimated, handing a boost for Prime Minister Gordon Brown with a general election weeks away.
Published on 2010-03-30

U.K. Emerges From Recession at Faster Than Estimated Pace
Britain emerged from recession at a faster pace than previously estimated in the fourth quarter, providing a boost for Prime Minister Gordon Brown as he prepares for a general election within weeks.
Published on 2010-02-26

British Economy is Recovering But is Not Out of the Woods
In the fourth quarter of 2009, the United Kingdom economy expanded 0.1% qoq, finally emerging from the longest and deepest recession since the mid-1940s. Yet, the recent wave of optimism may be way exaggerated since recent growth is mainly supported by fiscal and monetary stimulus.
Published on 2010-01-30

British Economy Exits Recession
The U.K. economy crept back to growth in the fourth quarter of 2009, narrowly emerging from a deep recession that began in the second quarter of 2008.
Published on 2010-01-26