Office for National Statistics announced the UK March GDP Monthly Rate on 2025-05-15. The reported figure stands at 0.2%, against a forecast of 0%, with the prior figure recorded as 0.50%.
Regarding the UK March GDP Monthly Rate, Gross Domestic Product (GDP) measures the annual change in the inflation-adjusted value of all goods and services produced by an economy. It is the most comprehensive measure of economic activity and a primary indicator of economic health.
This data holds an importance level of , calculated using The monthly GDP statistics method in the UK usually involves collecting various economic data, including production, investment, consumption, and net exports, comparing it with data from previous months to calculate the GDP growth rate. This process may include the use of seasonal adjustments and survey data to ensure accuracy and comparability. By monitoring the UK monthly GDP, trends in economic activity can be assessed, providing important references for economic policy formulation and forecasting, and updates monthly. The next release is set for 2025-07-11 14:00:00.
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