UK Final GDP q/q

UK 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% ...

The 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 ...

UK 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 ...

UK 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 ...

There 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?

UK gross domestic product (GDP) is estimated to have increased by an unrevised 0.2% in Quarter 2 (Apr to June) 2023. UK GDP is now estimated to have increased by 0.3% in Quarter 1 (Jan to Mar) 2023, revised up from a previous estimate of 0.1%, while growth across all quarters of 2022 is unrevised. In output terms, growth in the latest quarter was driven by a 1.2% increase in the production sector, where there were increases in 9 out of the 13 sub-sectors; this reflects falling input prices across the quarter relieving some pressure ...

UK gross domestic product (GDP) is estimated to have increased by an unrevised 0.1% in Quarter 1 (Jan to Mar) 2023. In output terms, the services sector grew by 0.1% on the quarter driven by increases in information and communication, and administrative and support service activities; elsewhere, the construction sector grew by a revised 0.4% (previously 0.7%), while the production sector grew by 0.1%, with a revised 0.6% growth in manufacturing (previously 0.5%). The GDP implied deflator rose by 6.5% in the year to Quarter 1 2023, ...