UK February monthly GDP +0.5% vs +0.1% m/m expected

  • Latest data released by ONS - 11 April 2025
UKGDP
  • Prior -0.1%; revised to 0.0%
  • Services +0.3% vs +0.1% m/m expected
  • Prior +0.1%
  • Industrial output +1.5% vs 0.0% m/m expected
  • Prior -0.9%; revised to -0.5%
  • Manufacturing output +2.2% vs +0.2% m/m expected
  • Prior -1.1%; revised to -1.0%
  • Construction output +0.4% vs 0.0% expected
  • Prior -0.2%; revised to -0.3%

It shows some added resilience to the UK economy, with services output especially surprising to the higher side. That will be a welcome development for the BOE at least, in light of all the uncertainty from the tariffs saga - even if the UK is not going to be that much impacted compared to others.

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