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- UK GDP was estimated to have increased by 0.3% in Q2
UK GDP was estimated to have increased by 0.3% in Q2
UK gross domestic product (GDP) in volume terms was estimated to have increased by 0.3% between Quarter 1 (Jan to Mar) and Quarter 2 (Apr to June) 2017, unrevised from the second estimate of GDP.
Services provided the only positive contribution to growth in Quarter 2 2017, with output unrevised at 0.3%.
Despite some small downward revisions to quarter-on-quarter growth in 2016, between 2015 and 2016, UK GDP grew by 1.8%, unrevised from the previous estimate.
Business investment growth in 2016 has been revised up by 1.1 percentage points but still fell in 2016 compared with 2015 by 0.4%; quarter-on-quarter growth was also revised from flat to 0.5% growth in Quarter 2 2017.
Household expenditure growth slowed to 0.2% in Quarter 2 2017 and was revised downwards in the second half of 2016.
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