- Prior -0.3%
- GDP +0.5% vs +0.5% y/y expected
- Prior +0.3%
The services sector was the main contributor for the growth on the month, accounting for +0.26% while both the production and construction sectors fell showed a -0.04% performance to monthly GDP. And with the latest improvement in economic activity, UK GDP is now estimated to be 0.3% above its pre-pandemic i.e. February 2020 levels.