UK gross domestic product (GDP) in volume terms was estimated to have increased by 0.2% between Quarter 4 (Oct to Dec) 2017 and Quarter 1 (Jan to Mar) 2018; the 0.1 percentage points upward revision since the second estimate reflects improvements to the measurement of construction output.

The services industries increased by 0.3% in Quarter 1 2018, continuing to show a weakening in domestic consumer-facing activities; while construction decreased by 0.8%.

Household spending grew by 0.2%, while business investment decreased by 0.4% between Quarter 4 2017 and Quarter 1 2018.

GDP was estimated to have increased by 1.7% between 2016 and 2017, a downward revision of 0.1 percentage points from the second estimate; this was slightly lower than the 1.8% growth seen between 2015 and 2016.