United Kingdom GDP 3-Month AverageUnited Kingdom GDP 3-Month AverageUnited Kingdom GDP 3-Month Average

United Kingdom GDP 3-Month Average

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Key data points


Last release
Observation period
Oct 2024
Next release
Forecast
Highest
16.90% on Sep 30, 2020
Lowest
−20.30% on Jun 30, 2020

About United Kingdom GDP 3-Month Average


Category
Business
Frequency
Monthly
Units
%
GDP measures the value of goods and services produced in the UK. The reading refers to a three-month growth rate, which is a better indicator of the underlying growth in GDP as the monthly figure is likely to be more volatile. In this sense, the monthly release can be thought of as a monthly update on three months’ worth of data on the economy, rather than a figure representing the economy in just one month. Rolling three-month data is calculated by comparing growth in a three-month period with growth in the previous three-month period, for example growth in March to May compared with the previous December to February.