Highlights
Gross Domestic Product: chained volume measures: Seasonally adjusted £m
Chained Volume Measures (CVM)
£ 471,939 m
2017 Q1
- Release date:
- 28 April 2017
- Next release:
- 25 May 2017

Second estimate of GDP: Quarter 4 (Oct to Dec) 2016
What's in the bulletin?
- UK gross domestic product (GDP) in volume terms was estimated to have increased by 0.7% between Quarter 3 (July to Sept) 2016 and Quarter 4 (Oct to Dec) 2016, revised up 0.1 percentage points from the preliminary estimate of GDP published on 26 January 2017. Upward revisions (due to later data received) within the manufacturing industries is the main reason (these revisions were first published as part of the Index of Production for December 2016 released on 10 February 2017).
- UK GDP growth in Quarter 4 2016 saw a continuation of strong consumer spending which is in line with the Retail Sales Index for Quarter 4, which grew by 1.2% (published on 20 January 2017) and strong growth in the output of the services sector with a notable contribution in consumer-focused industries. In Quarter 4 2016, there has been a slowdown within business investment which fell by 1.0%, driven by subdued growth within the “ICT equipment and other machinery and equipment” assets.
- Growth in 2016 is 1.8% higher than that in 2015. This has been revised down by 0.2 percentage points from the preliminary estimate published on 26 January 2017. Further details are provided in the section titled “What is the 2016 picture?” .
Time series related to Gross Domestic Product (GDP)
-
Gross Domestic Product: chained volume measures: Seasonally adjusted £m
Chained Volume Measures (CVM)
£ 471,939 m 2017 Q1- Release date:
- 28 April 2017
- Next release:
- 25 May 2017
-
Gross Domestic Product: Quarter on Quarter growth: CVM SA %
Chained Volume Measures (CVM)
0.3 % 2017 Q1- Release date:
- 28 April 2017
- Next release:
- 25 May 2017
-
Gross Domestic Product: q-on-q4 growth rate CVM SA %
Chained Volume Measures (CVM)
2.1 % 2017 Q1- Release date:
- 28 April 2017
- Next release:
- 25 May 2017
-
Gross Domestic Product at market prices: Current price: Seasonally adjusted £m
Current Prices (CP)
£ 493,569 m 2016 Q4- Release date:
- 18 April 2017
- Next release:
- To be announced
-
Gross Domestic Product: quarter in quarter growth: CP SA %
Current Prices (CP)
1.5 % 2016 Q4- Release date:
- 31 March 2017
- Next release:
- 28 April 2017
-
Gross Domestic Product: q-on-q4 growth quarter growth: CP SA %
Current Prices (CP)
4.8 % 2016 Q4- Release date:
- 31 March 2017
- Next release:
- 28 April 2017
Datasets related to Gross Domestic Product (GDP)
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Preliminary Estimate of GDP time series dataset
Preliminary estimate for Gross Domestic Product (GDP) containing constant price Gross Value Added (GVA) data for the UK.
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United Kingdom Economic Accounts time series dataset
Detailed estimates of national product, income and expenditure, UK sector accounts and UK balance of payments
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UK National Accounts, The Blue Book time series dataset
Records and describes economic activity in the United Kingdom and as such is used by government, banks, academics and industries to formulate the economic and social policies and monitor the economic progress of the United Kingdom.
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Quarterly National Accounts time series dataset
Annual and quarterly data for the latest GDP estimates at chained volume measures and current prices.
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Second Estimate of GDP time series dataset
A detailed breakdown of the components of GDP as well as key sector accounts aggregates
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Business Investment time series dataset
Investment trends for businesses. Contains capital expenditure data at current prices, constant prices and seasonally adjusted.
Publications related to Gross Domestic Product (GDP)
Statistical bulletins
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Second estimate of GDP: Quarter 4 (Oct to Dec) 2016
The second quarterly estimate of GDP based on additional data but produced later than the preliminary estimate, providing a more precise indication of economic growth.
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Gross domestic product, preliminary estimate: Jan to Mar 2017
Preliminary estimate for gross domestic product (GDP) containing constant price gross value added (GVA) data for the UK. Data are available by industrial sector.
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Quarterly National Accounts: Oct to Dec 2016
A detailed breakdown of the components of GDP including the third estimate of quarterly GDP.
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Business investment in the UK: Oct to Dec 2016 revised results
Investment trends by businesses, contains capital expenditure estimates at current prices, constant prices and seasonally adjusted.
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Consumer trends, UK: Quarter 4 (Oct to Dec) 2016
Spending on goods and services by UK households including household final consumption expenditure (HHFCE) as a measure of economic growth.
Articles
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UK productivity flash estimate
Flash estimate of productivity for Quarter 1 (Jan to Mar) 2017 based on preliminary GDP and labour market data.
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UK National Accounts, The Blue Book
The Blue Book is a key annual publication of national accounts statistics and the essential data source for anyone concerned with macro economic policies and studies.
Methodology related to Gross Domestic Product (GDP)
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