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Release: Quarterly National Accounts, Q1 2014

Released: 27 June 2014 (Latest) Next edition: 25 July 2014

Contact

Matthew Hughes

National Accounts Co-ordination Branch

gdp@ons.gsi.gov.uk

Telephone: +44 (0)1633 455827

Categories: Economy, National Accounts, National Income, Expenditure and Output

Frequency of release: Quarterly

Language: English

Geographical coverage: UK

Geographical breakdown: UK

  • UK gross domestic product (GDP) in volume terms was estimated to have increased by 0.8% between Q4 2013 and Q1 2014, unrevised from the second estimate of GDP published 22 May 2014.

  • GDP is estimated to have increased by 1.7% in 2013, compared with 2012, unrevised from the estimate published on 22 May 2014.

  • Between Q1 2013 and Q1 2014, GDP in volume terms increased by 3.0%, revised down 0.1 percentage points from the previously published estimate.

  • The households’ saving ratio was estimated to be 4.9% in Q1 2014.

  • Real households’ disposable income fell by 0.2% between Q4 2013 and Q1 2014.

  • GDP in current prices was estimated to have increased by 1.3% between Q4 2013 and Q1 2014, revised up 0.1 percentage points from the previously published estimate.

Update

11 July 2014

Detailed Household Final Consumption Expenditure data in tables E1 and E3 for the period 1985 to 1996 have now been published as part of the Quarterly National Accounts dataset.

Contains detailed breakdowns of the components of GDP as well as key sector accounts aggregates

These National Statistics are produced to high professional standards and released according to the arrangements approved by the UK Statistics Authority.

Content from the Office for National Statistics.
© Crown Copyright applies unless otherwise stated.