UK gross domestic product (GDP) in volume terms was estimated to have increased by 0.2% in Quarter 4 (Oct to Dec) 2018, unrevised from the previous estimate.
There has been an upward revision of 0.1 percentage points to GDP growth in Quarter 3 (July to Sept) 2018 to 0.7%, due to revisions to estimates of government services; the first two quarters of 2018 remain unrevised.
Growth in the latest quarter was driven by the services sector, while all four sub-sectors of production and construction contributed negatively to GDP growth.
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.