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Q4 Final GDP Revised Up to +0.1%

UK DATA
MNI (London)

UK FINAL Q4 GDP +0.1% Q/Q (PRELIM 0.0%); Q3 -0.1% Q/Q

  • Services output grew by +0.1% Q/Q, construction by +1.3% Q/Q, whilst production was flat in Q4.
  • Upwards revisions from services and construction largely lifted the print from a flat reading.
  • An ONS spokesperson said “The economy performed a little more strongly in the latter half of last year than previously estimated, with later data showing telecommunications, construction and manufacturing all faring better than initially thought in the latest quarter."

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