UK gross domestic product in volume terms was estimated to have increased by 0.6% in Q4 2014 ; revised up 0.1 percentage points from the previously published estimate.
Business Investment fell by an estimated £0.4 billion (0.9%) since Quarter 3 (July to Sept) 2014. It increased by 3.7% compared with the same quarter a year ago.
The Index of Services increased by 3.2% in January 2015 compared with January 2014. All of the four main components of the services industries increased in the most recent month compared with the same month a year ago.
The measurement of economic or material well-being - a dashboard of indicators and commentary that give a rounded and comprehensive basis for assessing changes in economic well-being.
Household spending grew by 0.6% in volume in Q4 2014 (Oct-Dec 2014).
The United Kingdom’s (UK) current account deficit was £25.3 billion in Quarter 4 2014, down from a revised deficit of £27.7 billion in Quarter 3 2014.