Highlights

Gross Domestic Product: chained volume measures: Seasonally adjusted £m

Chained Volume Measures (CVM)

£ 464,212 m

2016 Q1

Release date:
30 June 2016

Next release:
30 September 2016
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Gross domestic product, preliminary estimate: January to March 2016

What's in the bulletin?

  • Change in gross domestic product (GDP) is the main indicator of economic growth. GDP is estimated to have increased by 0.4% in Quarter 1 (Jan to Mar) 2016 compared with growth of 0.6% in Quarter 4 (Oct to Dec) 2015
  • Output increased in services by 0.6% in Quarter 1 (Jan to Mar) 2016. The other 3 main industrial groupings within the economy decreased, with production falling by 0.4%, construction output by 0.9% and agriculture by 0.1%
  • GDP was 2.1% higher in Quarter 1 (Jan to Mar) 2016 compared with the same quarter a year ago
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