• UK Q3 final GDP revised up 0.1% to +0.6

Market news

23 December 2016

UK Q3 final GDP revised up 0.1% to +0.6

UK GDP in volume terms was estimated to have increased by 0.6% in Quarter 3 2016, revised up 0.1 percentage points from the second estimate of GDP published on 26 November 2016, due to upward revisions from the output of the business services and finance industries. This is the 15th consecutive quarter of positive growth since Quarter 1 (Jan to Mar) 2013.

Revisions to GDP quarterly volume growths are small compared with the previously published estimate. There are no revisions to any quarters in 2015. There are small revisions to the quarters of 2016; both Quarter 1 2016 and Quarter 2 (Apr to June) 2016 have been revised down by 0.1 percentage points, and Quarter 3 2016 has been revised up by 0.1 percentage points. Further details can be found in the "Briefing on revisions to GDP" section.

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