GDP Monthly Estimate UK - August 2024 - Marginal Changes

11th October 2024

Monthly real gross domestic product (GDP) is estimated to have grown by 0.2% in August 2024, after showing no growth in July 2024 (unrevised from last publication).

Real GDP is estimated to have grown by 0.2% in the three months to August 2024 compared with the three months to May 2024.

Services output grew by 0.1% in August 2024, following an unrevised increase of 0.1% in July 2024, and grew by 0.1% in the three months to August 2024.

Production output grew by 0.5% in August 2024, following a revised fall of 0.7% in July 2024 (this was a 0.8% fall in our last publication), but showed no growth in the three months to August 2024.

Construction output grew by 0.4% in August 2024, following an unrevised fall of 0.4% in July 2024, and grew by 1.0% in the three months to August 2024.

Monthly GDP
Real GDP is estimated to have grown by 0.2% in the three months to August 2024 compared with the three months to May 2024. Services output was the main contributor to the growth in the three months to August, rising by 0.1%. There was also a 1.0% increase in construction output, while production output showed no growth over this period.

Monthly real GDP is estimated to have grown by 0.2% in August 2024, following no growth in June and July 2024 (both unrevised from our last publication).

In this release July 2024 is open for revision and Blue Book 2024 revisions for January 1997 to June 2024, consistent with our GDP quarterly national accounts bulletin, published on 30 September 2024, have been included. For more information on Blue Book 2024, please see our Data sources and quality section.

Read he full ONS report HERE