Office For National Statistics Uk Gdp
Gdp quarterly national accounts uk.
Office for national statistics uk gdp. The re opening of pubs restaurants and non essential shops all contributed to economic growth recorded in the month of july following growth of 8 7 recorded in june 2020. When compared with the. 11 09 2020 uk gross domestic product gdp grew 6 6 in july marking the third consecutive monthly increase according to the office for national statistics ons. Uk gross domestic product gdp is estimated to have fallen by a record 20 4 in quarter 2 apr to june 2020 marking the second consecutive quarterly decline after it fell by 2 2 in quarter 1.
For example gdp april to june compared with the previous january to. Estimates of gross domestic product gdp used to present debt and other headline measures are partly based on provisional and official forecast data. Uk gross domestic product gdp in volume terms was estimated to have fallen by 0 2 in quarter 2 apr to june 2019 having grown by 0 5 in the first quarter of the year. Gross domestic product gdp gross value added gva inflation and price indices.
Uses additional data to provide a more precise indication of economic growth than the first estimate. Office for national statistics gdp monthly estimate. The latest data and experimental indicators on the uk economy and society. Office for national statistics gdp monthly estimate.
July 2020 requires data across five quarters. Change in gdp refers to the level change from february 2020 to june 2020. Uk gross domestic product gdp is estimated to have fallen by a record 20 4 in quarter 2 apr to june 2020 marking the second consecutive quarterly decline after it fell by 2 2 in. January to march 2020 bulletin released 30 june 2020 revised quarterly estimate of gross domestic product gdp for the uk.
The uk s largest independent producer of official statistics and the recognised national statistical institute of the uk. General government gross debt was 1 877 5 billion at the end of the financial year ending march 2020 equivalent to 84 7 of gross domestic product gdp and 24 7 percentage points above the reference value of 60 0 set out in the protocol on the excessive deficit procedure.
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