UK April monthly GDP 0.0% vs 0.0% m/m expected

  • Latest data released by ONS - 12 June 2024
UKGDP04
  • Prior +0.4%
  • Services +0.2% m/m
  • Prior +0.5%
  • Industrial output -0.9% m/m
  • Prior +0.2%
  • Manufacturing output -1.4% m/m
  • Prior +0.3%
  • Construction output -1.4% m/m
  • Prior -0.4%

Looking at the breakdown contribution, services was up (+0.19%) and that is offset by falls in production (-0.11%) and construction (-0.09%) on the month. All in all, this will continue to keep the BOE on its toes as price pressures continue to hold up for the time being.

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