UK gross domestic product (GDP) in volume terms was estimated to have increased by 0.4% between Quarter 1 (Jan to Mar) 2018 and Quarter 2 (Apr to June) 2018, unrevised from the first quarterly estimate of GDP.

Growth in the latest quarter was driven by the services sector, which increased by 0.6%, due partly to an increase in retail sales.

Household spending grew by 0.4%, while business investment decreased by 0.7% between Quarter 1 2018 and Quarter 2 2018.

Nominal GDP grew by 0.8% in Quarter 2 2018, with compensation of employees growing by 0.7%.

GDP was estimated to have increased by 1.7% between 2016 and 2017, unrevised from the previous estimate.