The UK economy expanded on average 0.3 percent in the three months to November of 2018, the least in 6 months, slowing from a 0.4 percent growth in the three months to October and in line with market expectations. The services sector advanced 0.3 percent (the same as in October) with professional and scientific activities adding the most to growth (0.14 percentage points). Also, the construction sector grew 2.1 percent (vs 1.6 percent) boosted by new work in house building and infrastructure. Meanwhile, the industrial sector shrank 0.8 percent, after expanding 0.3 percent in the previous period, as all four main production sub-sectors contracted for the first time since October 2012. 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.

Leading Economic Index in the United Kingdom is expected to be 0.10 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 0.60 in 12 months time. In the long-term, the United Kingdom GDP 3-Month Average is projected to trend around 0.50 percent in 2020, according to our econometric models.

United Kingdom GDP 3-Month Average
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Calendar GMT Actual Previous Consensus TEForecast
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 0.4% 0.6% 0.4% 0.4%
2019-01-11 09:30 AM GDP 3-Month Avg 0.3% 0.4% 0.3% 0.3%
2019-02-11 09:30 AM GDP 3-Month Avg 0.3% 0.3%
2019-03-12 09:30 AM GDP 3-Month Avg
2019-04-10 08:30 AM GDP 3-Month Avg


United Kingdom Business Last Previous Highest Lowest Unit
Business Confidence -16.00 -3.00 55.00 -75.00 Index Points [+]
Services PMI 51.20 50.40 62.50 40.10 Index Points [+]
Manufacturing PMI 54.20 53.60 61.50 34.40 [+]
Industrial Production -1.50 -0.90 22.70 -11.90 percent [+]
Industrial Production Mom -0.40 -0.50 9.90 -8.00 percent [+]
Manufacturing Production -1.10 -0.70 19.60 -16.90 percent [+]
Capacity Utilization 80.20 82.30 85.20 38.00 percent [+]
Factory Orders 8.00 10.00 21.00 -79.00 Net Balance [+]
New Orders 11075.00 10801.00 25109.00 9381.00 GBP Million [+]
Changes in Inventories 2955.00 1871.00 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 -67.50 -61.40 61.00 -77.20 [+]
Car Production 129030.00 140374.00 185157.00 43773.00 Units [+]
Car Registrations 144089.00 158639.00 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 -2.30 -2.60 854.60 -90.50 percent [+]
Leading Economic Index 0.30 0.40 1.90 -2.10 percent [+]
Private Investment -1.10 -0.40 63.70 -33.70 percent [+]
Steel Production 455.00 660.00 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 51.40 50.80 61.80 47.60 [+]
Ease of Doing Business 9.00 7.00 11.00 5.00 [+]
Electricity Production 27869.00 25086.00 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 January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
0.30 0.40 1.90 -2.10 1997 - 2018 percent Monthly
SA




Country Last Previous
Argentina -0.90 Dec/18
Australia -0.10 Nov/18
Brazil 0.29 Nov/18
Canada 0.30 Oct/18
Japan 99.30 Nov/18
Mexico 2.90 Oct/18
Russia 1.80 Nov/18
Singapore 112.00 Sep/18
South Africa -0.20 Sep/18
South Korea 113.50 Nov/18
Turkey -0.29 Nov/18
United Kingdom 0.30 Nov/18
United States 124.80 Nov/18


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