UK gross domestic product (GDP) in volume terms was estimated to have increased by 0.5% in Quarter 1 (Jan to Mar) 2019, unrevised from the first estimate for this quarter.
When compared with the same quarter a year ago, UK GDP increased by 1.8% to Quarter 1 (Jan to Mar) 2019; up from 1.4% in the year to Quarter 4 (Oct to Dec) 2018.
The services sector provided the largest contribution to growth in the output approach to measuring GDP, while production also contributed positively, due largely to growth of 1.9% in manufacturing output.
This short article examines England’s eight largest city regions, outside of London. These city regions are of particular policy interest at the present time as the potential exists for each of them to negotiate an increase in devolved powers from central government, following the recent example of Greater Manchester. This article provides a short overview of key economic data for each of the city regions, with data for England and London shown for comparison purposes.
This article presents new estimates of capital services, which are the preferred measure of capital input into production and for use in analysing and modelling productivity, as well as growth accounting analyses.