UK GDP Annual Growth Rate Revised Higher in Q2

2025-09-30 06:42 By Joana Taborda 1 min. read

The British economy grew 1.4% year-on-year in Q2 2025, revised higher from 1.2% in the initial estimate and compared to an upwardly revised 1.7% rise in Q1.

Household spending grew 1.1%, the same as in the first estimate and compared to a downwardly revised 0.8% in Q1.

Government expenditure increased at a faster-than-expected 2.1% (vs 1.7% initially set) and compared to an upwardly revised 2.1% in Q1.

Also, exports were revised up (3.7% vs 3%), following a 4.6% jump in Q1 and import growth slowed more than initially anticipated (2.2% vs 3.3%), following a downwardly revised 7.4% in Q1.

Meanwhile, growth in gross fixed capital formation slowed less than expected (2.9% vs 1.3%), and was revised down for Q1 (2.9% vs 3.5%).

Business investment went up 3%, compared to a flat reading in the initial estimate and 5.8% in Q1.



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