UK GDP revised up to 0.6% for Q3

Up from 0.5%

Daniel Flynn
clock • 2 min read

The Office for National Statistics (ONS) has said UK gross domestic product (GDP) grew by 0.6% in Q3 2016, up from its previous estimate of 0.5%.

In its final growth prediction for July to September 2016, the ONS said GDP has been in line with recent trends, despite the period being in the wake of the UK referendum at the end of June. The 0.1% uptick in GDP in volume terms from November's estimate was put down to upward revisions from the output of the business services and finance industries. It marks the 15th consecutive quarter of positive growth for the UK since Q1 2013. UK GDP growth confirmed at 0.5% for Q3 The ONS said GDP per head in volume terms was estimated to have increased by 0.4% between Q2 2016 and Q3 2016,...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

Trustpilot