Britain's GDP growth slowed to 0.3 percent in the three months to April 2019 from 0.5 percent in March and below market expectations of 0.4 percent. The economy contracted in the month of April mainly due to a dramatic fall in car production, with uncertainty ahead of the UK’s original EU departure date leading to planned shutdowns. There was also widespread weakness across manufacturing in April, as the boost from the early completion of orders ahead of the original Brexit date has faded. Leading Economic Index in the United Kingdom averaged 0.49 percent from 1997 until 2019, 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.

Leading Economic Index in the United Kingdom is expected to be -0.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Leading Economic Index in the United Kingdom to stand at 0.30 in 12 months time. In the long-term, the United Kingdom GDP 3-Month Average is projected to trend around 0.60 percent in 2020, according to our econometric models.

United Kingdom GDP 3-Month Average
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Calendar GMT Actual Previous Consensus TEForecast
2019-03-12 09:30 AM GDP 3-Month Avg 0.2% 0.2% 0.2% 0.2%
2019-04-10 08:30 AM GDP 3-Month Avg 0.3% 0.3% 0.2% 0.1%
2019-05-10 08:30 AM GDP 3-Month Avg 0.5% 0.3% 0.5% 0.4%
2019-06-10 08:30 AM GDP 3-Month Avg 0.3% 0.5% 0.4% 0.4%
2019-07-10 08:30 AM GDP 3-Month Avg 0.3% 0.1%
2019-08-09 08:30 AM GDP 3-Month Avg -0.2%
2019-09-09 08:30 AM GDP 3-Month Avg


United Kingdom Business Last Previous Highest Lowest Unit
Business Confidence -13.00 -23.00 55.00 -75.00 Index Points [+]
Manufacturing PMI 49.40 53.10 61.50 34.40 [+]
Services PMI 51.00 50.40 62.50 40.10 Index Points [+]
Industrial Production -1.00 1.30 22.70 -11.90 percent [+]
Industrial Production Mom -2.70 0.70 9.90 -8.00 percent [+]
Manufacturing Production -0.80 2.60 19.60 -16.90 percent [+]
Capacity Utilization 80.70 81.30 85.20 38.00 percent [+]
New Orders 11975.00 10747.00 25109.00 9381.00 GBP Million [+]
Factory Orders -10.00 -5.00 21.00 -79.00 Net Balance [+]
Changes in Inventories 4600.00 4241.00 11295.00 -11441.00 GBP Million [+]
Bankruptcies 4188.00 4725.00 6509.00 924.00 Companies [+]
Corporate Profits 115312.00 112291.00 115312.00 1024.00 GBP Million [+]
Zew Economic Sentiment Index -56.10 -62.00 61.00 -77.20 [+]
Car Production 70971.00 126195.00 185157.00 43773.00 Units [+]
Car Registrations 183724.00 161064.00 562337.00 33051.00 [+]
Small Business Sentiment -13.00 -31.00 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 [+]
Leading Economic Index 0.30 0.50 1.90 -2.10 percent [+]
Private Investment 0.50 -0.90 63.70 -33.70 percent [+]
Mining Production 0.10 9.80 854.60 -90.50 percent [+]
Steel Production 644.00 735.00 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 50.90 50.90 61.80 47.60 [+]
Crude Oil Rigs 11.00 11.00 32.00 3.00 [+]
Ease of Doing Business 9.00 7.00 11.00 5.00 [+]
Electricity Production 27054.00 32455.00 38520.00 16152.00 Gigawatt-hour [+]
Corruption Index 80.00 82.00 87.00 74.00 Points [+]
Corruption Rank 11.00 8.00 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 June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
0.30 0.50 1.90 -2.10 1997 - 2019 percent Monthly
SA




Country Last Previous
Argentina -0.70 Apr/19
Australia -0.09 Apr/19
Brazil -0.47 Apr/19
Canada 0.50 Mar/19
Japan 95.50 Apr/19
Mexico 1.30 Mar/19
Russia 1.60 Apr/19
Singapore 109.30 Mar/19
South Africa -0.40 Mar/19
South Korea 114.20 Apr/19
Turkey 1.40 Apr/19
United Kingdom 0.30 Apr/19
United States 127.79 Apr/19


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