Royaume-Uni Croissance Du Pib

The GDP in the UK expanded 0.1% on quarter in Q3 2024, the smallest growth rate in three quarters, below 0.5% in Q2 and forecasts of 0.2%, preliminary estimates showed. The services sector grew by 0.1%, led by professional, scientific and technical activities (0.7%) and wholesale and retail trade (0.6%). Also, construction expanded 0.8% while the production sector fell by 0.2%, largely driven by a 2.7% decline in electricity, gas, steam and air conditioning supply. On the expenditure side, there was an increase in net trade, with exports declining 0.2% and imports falling at a faster 1.5%; household spending (0.5%), mostly housing, miscellaneous, and clothing and footwear; business investment (1.2%); and government consumption (0.6%), particularly education and higher school attendance. These increases were partially offset by a fall in gross capital formation, specifically the acquisitions less disposals of valuables. Year-on-year, the British economy increased 1%, above 0.7% in Q2.