The UK economy expanded on average 0.6 percent in the three months to September of 2018, below 0.7 percent in the three months to August and in line with market expectations. The services sector grew 0.4 percent (0.5 percent in August) and was the largest contributor; the industrial sector went up 0.8 percent (0.6 percent); and construction rose 2.1 percent (2.8 percent). 'The economy saw a strong summer, although longer-term economic growth remained subdued. There are some signs of weakness in September with slowing retail sales and a fall-back in domestic car purchases. However, car manufacture for export grew across the quarter, boosting factory output. Meanwhile, imports of cars dropped substantially helping to improve Britain’s trade balance', the Head of National Accounts said. Leading Economic Index in the United Kingdom averaged 0.49 percent from 1997 until 2018, reaching an all time high of 1.90 percent in September of 1999 and a record low of -2.10 percent in January of 2009.

United Kingdom GDP 3-Month Average
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Calendar GMT Actual Previous Consensus TEForecast
2018-09-10 08:30 AM GDP 3-Month Avg 0.6% 0.4% 0.5%
2018-10-10 08:30 AM GDP 3-Month Avg 0.7% 0.7% 0.6% 0.6%
2018-11-09 09:30 AM GDP 3-Month Avg 0.6% 0.7% 0.6% 0.7%
2018-12-10 09:30 AM GDP 3-Month Avg 0.6% 0.4%


United Kingdom Business Last Previous Highest Lowest Unit
Business Confidence -16.00 -3.00 55.00 -75.00 Index Points [+]
Services PMI 52.20 53.90 62.50 40.10 Index Points [+]
Manufacturing PMI 51.10 53.60 61.50 34.40 [+]
Industrial Production 0.00 1.00 22.70 -11.90 percent [+]
Industrial Production Mom 0.00 0.00 9.90 -8.00 percent [+]
Manufacturing Production 0.50 1.30 19.60 -16.90 percent [+]
Capacity Utilization 80.20 82.30 85.20 38.00 percent [+]
Factory Orders -6.00 -1.00 21.00 -79.00 Net Balance [+]
New Orders 10801.00 11628.00 25109.00 9381.00 GBP Million [+]
Changes in Inventories -854.00 1195.00 11295.00 -11441.00 GBP Million [+]
Bankruptcies 4308.00 3918.00 6509.00 924.00 Companies [+]
Corporate Profits 114178.00 111344.00 114178.00 1024.00 GBP Million [+]
Zew Economic Sentiment Index -67.90 -61.00 61.00 -77.20 [+]
Car Production 127051.00 89254.00 185157.00 43773.00 Units [+]
Car Registrations 153599.00 338834.00 562337.00 33051.00 [+]
Small Business Sentiment -18.00 6.00 40.00 -69.00 [+]
Internet Speed 16920.86 16337.23 16920.86 3085.89 KBps [+]
IP Addresses 27493519.00 26782989.00 27493519.00 13305856.00 IP [+]
Mining Production -1.80 2.10 854.60 -90.50 percent [+]
Leading Economic Index 0.60 0.70 1.90 -2.10 percent [+]
Private Investment -1.20 -0.70 63.70 -33.70 percent [+]
Steel Production 630.00 550.00 2848.00 131.00 Thousand Tonnes [+]
Competitiveness Index 81.99 82.11 82.11 5.18 Points [+]
Competitiveness Rank 8.00 6.00 13.00 2.00 [+]
Composite Pmi 52.10 54.10 61.80 47.40 [+]
Ease of Doing Business 9.00 7.00 11.00 5.00 [+]
Electricity Production 24971.00 24914.00 38520.00 16152.00 Gigawatt-hour [+]
Corruption Index 82.00 81.00 87.00 74.00 Points [+]
Corruption Rank 8.00 10.00 20.00 8.00 [+]


United Kingdom GDP 3-Month Average

GDP measures the value of goods and services produced in the UK. The reading refers to a three-month growth rate, which is a better indicator of the underlying growth in GDP as the monthly figure is likely to be more volatile. In this sense, the monthly release can be thought of as a monthly update on three months’ worth of data on the economy, rather than a figure representing the economy in just one month. Rolling three-month data is calculated by comparing growth in a three-month period with growth in the previous three-month period, for example growth in March to May compared with the previous December to February. This page provides - United Kingdom Monthly GDP- actual values, historical data, forecast, chart, statistics, economic calendar and news. United Kingdom GDP 3-Month Average - actual data, historical chart and calendar of releases - was last updated on November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
0.60 0.70 1.90 -2.10 1997 - 2018 percent Monthly
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Country Last
Argentina -2.10 Sep/18
Australia -0.07 Sep/18
Brazil 0.47 Aug/18
Canada 0.10 Aug/18
Japan 103.90 Sep/18
Mexico 1.70 Aug/18
Russia 1.10 Sep/18
Singapore 112.10 Jun/18
South Africa -0.50 Aug/18
South Korea 113.40 Sep/18
Turkey 1.01 Sep/18
United Kingdom 0.60 Sep/18
United States 124.26 Sep/18


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