| Consensus | Consensus Range | Actual | Previous | Revised | |
| Month over Month | 0.0% | 0.0% to 0.2% | 0.2% | 0.1% | 0.0% |
| 3-Months over 3-Months | 0.7% | 0.7% | 0.6% |
Highlights
The UK economy regained modest momentum in September 2026, with monthly GDP expanding by 0.2 percent, following the revised stagnation in August and 0.4 percent growth in July. The recovery was broad-based, supported by services (0.2 percent), production (0.3 percent) and construction (0.8 percent), suggesting a gradual improvement in economic activity despite persistent underlying vulnerabilities.
More significantly, GDP expanded by 0.7 percent in the three months to September, accelerating from a revised 0.6 percent in the preceding rolling three-month period. Services remained the principal growth engine, expanding by 0.9 percent, while production recorded a marginal 0.1 percent increase, reversing its previous contraction. However, construction output declined by 0.7 percent, exposing continued weakness in investment-sensitive sectors.
The divergence between September's broad-based monthly expansion and the uneven quarterly sectoral performance suggests that the recovery remains fragile. Although stronger services activity provides some resilience, subdued production growth and persistent construction weakness could constrain sustained economic expansion.
Looking ahead, the trajectory of UK growth will depend on improvements in business investment, household purchasing power and financing conditions. For the Bank of England, the figures reinforce the importance of balancing support for economic activity against lingering inflationary pressures. These latest updates take the RPI and RPI-P to 25, meaning that economic activities continue to outpace market expectations in the UK.
Market Consensus Before Announcement
GDP growth expected flat on the month in September after a negligible 0.1 percent in August.
Definition
Gross domestic product (GDP) is the broadest measure of aggregate economic activity and encompasses every sector of the economy.
Description
GDP covers all aspects of economic activity. Investors need to closely track the economy because it usually dictates how investments will perform. Stock market investors like to see healthy economic growth because robust business activity translates to higher corporate profits. GDP contains a treasure-trove of information which not only paints an image of the overall economy, but tells investors about important trends within the big picture. However, the monthly report is quite limited and only provides data on the main output sectors. More detailed information is available in the quarterly reports.