UK GDP estimated to have increased 1% in Q3 from Q2, remained flat from a year ago, led by higher output in production, service sectors

LONDON , October 25, 2012 (press release) –

  • GDP was estimated to have increased by 1.0 per cent in Q3 2012 compared with Q2 2012
  • Output of the production industries was estimated to have increased by 1.1 per cent in Q3 2012 compared with Q2 2012, following a decrease of 0.7 per cent between Q1 2012 and Q2 2012
  • Construction sector output was estimated to have decreased by 2.5 per cent in Q3 2012 compared with Q2 2012, following a decrease of 3.0 per cent between Q1 2012 and Q2 2012
  • Output of the service industries was estimated to have increased by 1.3 per cent in Q3 2012 compared with Q2 2012, following a decrease of 0.1 per cent between Q1 2012 and Q2 2012
  • GDP in volume terms was estimated to have been flat in Q3 2012, when compared with Q3 2011
Gross Domestic Product: Preliminary Estimate, Q3 2012


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GDP