UK June monthly GDP +1.0% vs +0.8% m/m expected

Latest data released by ONS – 12 August 2021

  • Prior +0.8%; revised to +0.6%
  • GDP +4.8% vs +4.8% 3m/3m expected
  • Prior +3.6%

UK economic activity continues to pick up in June amid the reopening optimism and as virus restrictions are eased. That said, UK GDP remains 2.2% below its pre-pandemic level but at least it is growing for a fifth consecutive month to close the gap.

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