Analysis of UK's January Monthly GDP Data

Wednesday, 13 March 2024, 07:00

The UK's January monthly GDP data released showed a 0.2% increase, in line with market expectations. The report highlighted the performance of various sectors, including services, industrial output, manufacturing output, and construction output. Overall, the data reflects steady growth in the UK economy for the month of January.
LivaRava Finance Meta Image
Analysis of UK's January Monthly GDP Data

UK January Monthly GDP Data Overview:

The UK's January monthly GDP data showed a 0.2% increase, matching market expectations.

Key Figures:

  • Services: +0.2% month-on-month
  • Industrial Output: -0.2% month-on-month
  • Manufacturing Output: 0.0% month-on-month
  • Construction Output: +1.1% month-on-month

The report also compared the current figures with the previous data, highlighting areas of improvement and decline.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


Related posts


Newsletter

Get the most reliable and up-to-date financial news with our curated selections. Subscribe to our newsletter for convenient access and enhance your analytical work effortlessly.

Subscribe