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UK GDP up estimated 0.2% in Q2 2023; growth driven by production rise

01 Oct '23
1 min read
Pic: Shutterstock
Pic: Shutterstock

Insights

  • UK GDP is estimated to have increased by *.* per cent in the second quarter (Q2) this year, official data show.
  • Nominal GDP is estimated to have risen by *.* per cent in the quarter, revised up from a previous estimate of *.* per cent.
  • The growth was driven by a *.* per cent rise in the production sector, where there were increases in nine out of the 13 sub-sectors.

The Q* GDP rise is now estimated to be *.* per cent, revised up from a previous estimate of *.* per cent.

Growth across all quarters of last year remains unrevised. UK GDP is now estimated to have increased by *.* per cent in ****, revised from a first estimate of *.* per cent.

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