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UK GDP - Q2 2023 Revised


  • Quarterly GDP is estimated to have increased by an unrevised 0.2% in Q2 2023 (Apr to June), following 0.3% growth in Q1 2023, revised up from a previous estimate of 0.1%.
  • Services output in the quarter was revised down from 0.1% to no growth, production growth was revised up from 0.7% to 1.2%, while construction output grew by an unrevised 0.3% in the period.
  • UK GDP is estimated to have grown by 4.3% in 2022, revised up from an estimate of 4.1%.
  • GDP is now estimated to be 1.8% above pre-pandemic levels in Q2 2023.

UK GDP unrevised in second quarter

Source: ONS

By Sector: 


  • Services output is estimate to show no growth in Q2 2023, revised down from a preliminary estimate of a 0.1% increase.
  • Consumer-facing services grew by 0.9% in the period, revised up from an initial estimate of 0.8%.
  • The largest positive contributor to growth was the information and communication subsector (0.9%). The next largest positive contribution to growth was from accommodation and food services activities, which grew by 2.1%.
  • The largest negative contributor to growth was the professional, scientific and technical activities subsector, which fell by 1.3% in the period.


  • Production output increased 1.2% in Q2 2023, revised up from a preliminary estimate of 0.7%. This follows unrevised growth of 0.1% in the previous quarter.
  • The increase in production output in the latest quarter was mainly driven by an increase of 1.9% in manufacturing. There were increases in 9 out of the 13 sub-sectors, which may reflect falling input prices relieving some pressure on manufacturers.
  • The largest positive contribution was from the manufacture of transport equipment, in particular. The Society of Motor Manufacturers and Traders (SMMT) reported a 16.2% increase in car manufacturing in June, compared with the same month a year ago.


  • Construction output rose by 0.3% in Q2 2023, unrevised from the initial estimate. This follows growth of 0.6% in Q1, revised up from 0.4%.
  • Growth in Q2 was driven by repair and maintenance, which grew by 1.8%. This was partially offset by a fall of 0.7% in new work.

Household consumption 

  • Excluding the impact of inflation, there was a 0.5% increase in real household expenditure in Q2 2023, revised down from an initial estimate of 0.7%.
  • This follows growth of 0.7% in the previous quarter, revised up from no growth in the preliminary estimate.

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