30 September 2026, 09:16  United Kingdom: Q2 GDP Growth Revised Higher to 0.5%.

The UK economy expanded by 0.5% quarter-on-quarter in Q2 2026, revised up from 0.4% in the previous estimate, and followed a 0.6% growth in Q1. Services output rose 0.6% (vs 0.7% in Q1), led by professional, scientific and technical activities, which increased 2.3%, and information and communication, which grew 2.5%. Production fell 0.1% (vs 0.3% in Q1), as declines in electricity, gas, steam and air conditioning supply and water, sewerage and waste management offset gains in manufacturing and mining and quarrying. Construction output increased 0.8%, supported by gains in both new work and repair and maintenance. On the expenditure side, growth was mainly driven by net trade, while household consumption rose 0.3%, gross fixed capital formation increased 0.9% and government consumption fell 0.5%. On an annual basis, UK GDP expanded 1.4%, accelerating from a revised 0.8% growth in Q1.

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