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United Kingdom Monthly GDP MoM
Last Release
Apr 30, 2025
Actual
-0.3
Units In
N/A
Previous
0.2
Frequency
N/A
Next Release
Jul 11, 2025
Time to Release
26 Days 5 Hours
Highest | Lowest | Average | Date Range | Source |
9.7 Jun 2020 | -18.9 Apr 2020 | 0.14 | 1997-2025 | N/A |
Latest Updates
The British economy contracted by 0.3% mom in April 2025, marking the first decline in six months and the sharpest drop since October 2023. This follows a 0.2% expansion in March and exceeded expectations of a 0.1% decline. Several factors contributed to the downturn in April, including higher energy bills and regulated service costs, the implementation of increased employers’ National Insurance contributions, a rise in Stamp Duty Land Tax rates, and the announcement of major tariffs by President Trump. Services output, the largest contributor to the GDP decline, fell by 0.4%. Notable declines were recorded in legal activities (-10.2%), advertising and market research (-3.4%), wholesale trade (-3.2%). Production output also contracted (-0.6%), namely manufacturing (-0.9%) and electricity, gas, steam and air conditioning (-4.3%). In contrast, the construction sector showed resilience, with output increasing by 0.9%. Despite April’s setback, GDP grew by 0.7% in the three months to April.
United Kingdom Monthly GDP MoM History
Last 12 readings