- Prior +0.1%
- GDP +1.0% vs +1.2% y/y expected
- Prior +1.3%; revised to +1.2%
The headline figure might point to marginal growth on the quarter, but UK real GDP per capita is now down for two consecutive quarters. So, that is something to take note of.
That being said, real GDP per capita is still estimated to have increased by 1.0% annually in 2025. That follows no growth in the year before that.
As a whole in 2025, UK GDP is estimated to grow by 1.5% annually last year. That compares with the 1.1% growth in 2024.
The release here comes alongside the December monthly report as seen below:
- December monthly GDP +0.1% vs +0.1% m/m expected
- Prior +0.3%
The details of the December economic snapshot:
- Services +0.3% vs +0.1% m/m expected
- Industrial output -0.9% vs 0.0% m/m expected
- Manufacturing output -0.5% vs 0.0% m/m expected
- Construction output -0.5% vs +0.5% m/m expected
In the three months to December i.e. Q4 2025, the UK economy barely grew as services output was largely flattish on the quarter. The breakdown shows that services (+0.02%) had a marginal contribution, while production output (+0.16%) climbed slightly. That is offset by a slight decline in construction output (-0.13%).
