UK real GDP up estimated 0.1% QoQ in Q3 2024, down 0.1% MoM in Sept

Monthly real GDP is estimated to have fallen by 0.1 per cent in September this year, largely because of declines in manufacturing output and information and communication services, after unrevised growth of 0.2 per cent in August.

Production output fell by 0.5 per cent in September, mainly because of a fall in manufacturing output, following an unrevised growth of 0.5 per cent in August 2024; it fell by 0.2 per cent QoQ in Q3 2024, an ONS release said.

Construction output grew by 0.1 per cent in September 2024, following a revised growth of 0.6 per cent in August 2024 (this figure was 0.4 per cent growth in the last ONS bulletin); it grew by 0.8 per cent QoQ in Q3 2024.

ALCHEMPro News Desk (DS)