The British economy shrank 0.2% in the three months to September of 2022, compared to market forecasts of a 0.5% drop. source: Office for National Statistics

Leading Economic Index in the United Kingdom averaged 0.46 percent from 1997 until 2022, reaching an all time high of 16.80 percent in September of 2020 and a record low of -21.00 percent in June of 2020. This page provides - United Kingdom Monthly GDP- actual values, historical data, forecast, chart, statistics, economic calendar and news. United Kingdom GDP 3-Month Average - data, historical chart, forecasts and calendar of releases - was last updated on November of 2022.

Leading Economic Index in the United Kingdom is expected to be 0.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United Kingdom GDP 3-Month Average is projected to trend around 0.30 percent in 2023 and 0.40 percent in 2024, according to our econometric models.

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United Kingdom GDP 3-Month Average

Calendar GMT Actual Previous Consensus TEForecast
2022-10-12 06:00 AM Aug -0.3% 0.1% -0.2% -0.3%
2022-11-11 07:00 AM Sep -0.2% -0.1% -0.5% -0.3%
2022-12-12 07:00 AM Oct -0.2% -0.3%

Related Last Previous Unit Reference
Industrial Production Mom 0.20 -1.40 percent Sep 2022
Industrial Production -3.10 -4.30 percent Sep 2022
Manufacturing Production -5.80 -6.20 percent Sep 2022
New Orders 12896.00 11617.00 GBP Million Sep 2022
Changes in Inventories 5444.00 16468.00 GBP Million Sep 2022
Corporate Profits 132412.00 134096.00 GBP Million Sep 2022
Private Investment -0.50 3.70 percent Sep 2022
Mining Production -4.70 -10.00 percent Sep 2022
Leading Economic Index -0.20 -0.10 percent Sep 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
-0.20 -0.10 16.80 -21.00 1997 - 2022 percent Monthly

News Stream
UK GDP Growth Remains Robust
The British economy expanded 1% in the three months to February 2022, slightly better than forecasts of 0.9% and following an upwardly revised 1.3% growth in the three months to January. Services was the main contributor to growth (0.7 percentage points), while production and construction both contributed 0.1 percentage points each.
UK Economy Expands More than Expected
The British economy expanded 1.1% in the three months to January 2022, better than forecasts of 0.8%. Figures came slightly better than market forecasts of a 1% rise. Services was the main contributor (0.8 percentage point), while production and construction both also contributed positively (0.1 and 0.2 percentage points respectively).
UK GDP Grows 1% in Sep-Dec 2021
The British economy expanded 1% in the three months to December 2021, slightly below forecasts of 1.1%. The main sub-sectors contributing to this growth were human health and social work activities, administrative and support service activities, and transport and storage.