Royaume-Uni Croissance Du Pib

The British economy stalled in Q3 2024, revised down from the first estimate increase of 0.1% and below a downwardly revised 0.4% in Q2. On the production side, there was no growth in the services sector, revised down 0.1% in the first estimate, with the largest negative contribution coming from financial and insurance activities (-0.6%). Also, production fell 0.4%, worse than -0.2% in the first estimate, led by a 2% drop in electricity, gas, steam and air conditioning supply. In contrast, construction grew 0.7%, slightly less than an initial 0.8%. On the expenditure side, exports (-0.5% vs -0.2%) and imports (-2.5% vs -1.5%) were revised lower but net trade increased. Household spending growth was unrevised at 0.5%, business investment rose more (1.9% vs 1.2%) but government consumption increased much less than anticipated (0.1% vs 0.6%). These increases were partially offset by a 0.6% fall in gross capital formation, specifically the acquisitions less disposals of valuables.