UK Second Estimate GDP q/q
It's the broadest measure of economic activity and the primary gauge of the economy's health;
Source discontinued this data in May 2018;
- UK Second Estimate GDP q/q Graph
- History
| Expected Impact / Date | Actual | Forecast | Previous |
|---|---|---|---|
| May 25, 2018 | 0.1% | 0.1% | 0.1% |
| Feb 22, 2018 | 0.4% | 0.5% | 0.5% |
| Nov 23, 2017 | 0.4% | 0.4% | 0.4% |
| Aug 24, 2017 | 0.3% | 0.3% | 0.3% |
| May 25, 2017 | 0.2% | 0.3% | 0.3% |
| Feb 22, 2017 | 0.7% | 0.6% | 0.6% |
| Nov 25, 2016 | 0.5% | 0.5% | 0.5% |
| Aug 26, 2016 | 0.6% | 0.6% | 0.6% |
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- UK Second Estimate GDP q/q News
From theguardian.com|May 25, 2018|1 commentThe weakest household spending for three years and falling levels of business investment dragged the economy to the worst quarter for five years, official statisticians have said. The Office for National Statistics confirmed its previous estimate that GDP growth slumped to 0.1% in the first quarter, while sticking to its view that the “beast from the east” had little impact. The latest figures will further stoke concerns over the strength of the UK economy, amid increasing signals for deteriorating growth as Britain prepares to leave ...
From ons.gov.uk|May 25, 2018|12 commentsUK gross domestic product (GDP) in volume terms was estimated to have increased by 0.1% between Quarter 4 (Oct to Dec) 2017 and Quarter 1 (Jan to Mar) 2018, unrevised from the preliminary estimate of GDP. When comparing GDP growth in the most recent quarter to the same quarter a year ago, we see a continuation of a pattern of slowing growth, in part reflecting a slowing in the growth of consumer-facing industries. The services industries increased by 0.3% in Quarter 1 2018; while construction decreased by 2.7% in Quarter 1 2018. ...
From mninews.marketnews.com|May 24, 2018Friday sees the UK's second estimate for the first quarter of 2018's GDP figures. Below are five pieces of analysis for consideration before this release. Adding more clarity to the median estimate, a poll of sixteen analysts showed that fifteen believe the q/q growth rate first estimated at 0.1% for Q12018 is unlikely to be changed. The one dissent was for a slight revision upwards to 0.2%. It is worth noting such a revision has only happened once in Q1 since 2006 and that was in 2010. 2) Second Estimates do not have track record of ...
From theguardian.com|Feb 22, 2018Britain’s economy grew at a slower rate than first thought in the final three months of 2017, leaving the UK lagging further behind other major economies as it prepares to leave the EU. The Office for National Statistics revised down its estimate for UK growth in the fourth quarter to 0.4%, following an earlier estimate of 0.5% and missing economists’ forecasts that the rate would be unchanged. It said UK production was lower than initially estimated, and said consumers were less willing to spend due to the price rises triggered by ...
From ons.gov.uk|Feb 22, 2018|1 commentUK gross domestic product (GDP) in volume terms was estimated to have increased by 0.4% between Quarter 3 (July to Sept) and Quarter 4 (Oct to Dec) 2017; this is a 0.1 percentage point revision down from the preliminary estimate of GDP, in part reflecting a small downward revision to the estimated output of the production industries. Growth in the latest quarter was driven by business services and finance within the services sector, there was, though, a small downward revision to services since the preliminary estimate of GDP, but ...
From forexcrunch.com|Feb 17, 2018The US dollar had a volatile week, making a big negative turnaround on the inflation report but moving back up as the week drew to a close. What's next? The FOMC minutes and several Fed speaker will have the chance to move markets. Here are the highlights for the upcoming week. US inflation came out slightly higher than expected, with 1.8% y/y on the core and 2.1% on headline inflation. The initial reaction was dollar positive, but the greenback fell back down as stocks turned positive and the narrative changed, partly due to the ...
From ons.gov.uk|Nov 23, 2017UK gross domestic product (GDP) in volume terms was estimated to have increased by 0.4% between Quarter 2 (Apr to June) and Quarter 3 (July to Sept) 2017, unrevised from the preliminary estimate of GDP. Services remained the strongest contributor to GDP growth in Quarter 3 2017, with the components of the output approach broadly unrevised from the preliminary estimate. The rate of growth in household final consumption expenditure strengthened to 0.6% between Quarter 2 and Quarter 3 2017, with car purchases recovering somewhat from a ...
From ons.gov.uk|Aug 24, 2017UK gross domestic product (GDP) in volume terms was estimated to have increased by 0.3% between Quarter 1 (Jan to Mar) and Quarter 2 (Apr to June) 2017, unrevised from the preliminary estimate. In the output measure of GDP, growth was driven by services, which grew by 0.5% between Quarter 1 and Quarter 2. In the expenditure measure of GDP there was relatively strong growth in government spending and investment; there was, however, a slowdown in growth in both household spending and business investment, to 0.1% and 0.0% respectively ...
| Released on May 25, 2018 |
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| Released on Feb 22, 2018 |
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| Released on Nov 23, 2017 |
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| Released on Aug 24, 2017 |
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