1. UK GDP grew by 0.3% in Quarter 3 2019

Figure 1: GDP grew in Quarter 3 (July to Sept) 2019 after contracting in Quarter 2 (Apr to June) 2019 UK GDP growth, Quarter 4 (Oct to Dec) 2017 to Quarter 3 (July to Sept) 2019 Source: Office for National Statistics – GDP monthly estimate Notes: Q1 refers to Quarter 1 (Jan to Mar), Q2 refers to Quarter 2 (Apr to June), Q3 refers to Quarter 3 (July to Sept), Q4 refers to Quarter 4 (Oct to Dec). Rolling three-month estimates are calculated by comparing GDP in a three-month period with GDP in the previous three-month period. For example, GDP in July to September compared with the previous April to June. Download this chart Figure 1: GDP grew in Quarter 3 (July to Sept) 2019 after contracting in Quarter 2 (Apr to June) 2019 Image .csv .xls

Commenting on today’s GDP figures for Quarter 3, an ONS Statistician said:

“GDP grew steadily in the third quarter, mainly thanks to a strong July. Services again led the way with construction also performing well. Manufacturing failed to grow as falls in many industries were offset by car production bouncing back following April shutdowns.

Looking at the picture over the last year, growth slowed to its lowest rate in almost a decade.

The underlying trade deficit narrowed, mainly due to growing exports of both goods and services.”

Gross domestic product (GDP) grew by 0.3% in Quarter 3 (July to Sept) 2019, following a 0.2% fall in Quarter 2 (Apr to June) 2019. When compared with the same quarter of 2018, however, GDP grew by 1.0%, the lowest rate of growth since Quarter 1 (Jan to Mar) 2010.