Important
DECEMBER 22, 2023 AT 07:00 AMUK GDP QQ (Q3) -0.1% vs Exp. 0.0% (prev. 0.0%); UK GDP is now estimated to shown no growth in Q2 2023 (prelim. 0.2%)
Source
SectionUK Data
- In output terms, there was a 0.2% fall in the services sector in the latest quarter, which offset a 0.4% increase in construction output and a 0.1% increase in the production sector.
- Real households' disposable income (RHDI) is estimated to have grown by 0.4% following growth of 2.3% in Quarter 2 2023.
- The household saving ratio is estimated at 10.1% in the latest quarter, up from 9.5% in Quarter 2 2023 because of an increase in income outweighing a slight increase in expenditure.
via ONS