Latest data released by ONS - 12 June 2020

  • Prior -5.8%
  • Monthly GDP -10.4% vs -10.0% 3m/3m expected
  • Prior -0.1%

Slight delay in the release by the source. Those are some awful figures and it goes without saying that the plunge in economic conditions during April is the worst that the UK has encountered in history.

ONS notes that virtually all sectors of the UK economy were hit as a result of lockdown measures and also the overall fallout from the coronavirus outbreak.

There's also factory activity data released at the same time are as per below:

  • Manufacturing production -24.3% vs -15.6% m/m expected
  • Prior -4.6%
  • Manufacturing production -28.5% vs -19.9% y/y expected
  • Prior -9.7%
  • Industrial production -20.3% vs -15.0% m/m expected
  • Prior -4.2%
  • Industrial production -24.4% vs -19.3% y/y expected
  • Prior -8.2%
  • Construction output -40.1% vs -25.0% m/m expected
  • Prior -5.9%
  • Construction output -44.0% vs -31.3% y/y expected
  • Prior -7.1%