UK GDP Growth Rate

UK GDP Growth Rate 28 June 2024

UK GDP Growth Rate 28 June 2024: 0.7% for Q1 2024, above the 0.6% forecast and up from -0.3% in Q4 2023. It is the highest reading since Q1 2022. 5 of the last 12 releases came in above the forecast. It was released on Fri 28 Jun 2024 at 06:00 UTC.

These figures were verified on 4 Oct 2026 from the source: Office for National Statistics. This page reports the release as published: the figures, the consensus forecast and what a print like it usually does to the currency.

Actual
0.7%
Q1 2024
Forecast
0.6%
The market consensus
Previous
-0.3%
As the source gives it

What a print like this usually does

Above the forecast: A strong beat or upward revision can support sterling as markets reassess growth and the likely BoE rate path. The move is usually moderate unless the revision changes the overall picture.

UK GDP Growth Rate 28 June 2024: 0.7% for Q1 2024 against a 0.6% forecast, with the last 12 releases
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Cite this release

If you cite this release, please link to this page:

UK GDP Growth Rate 28 June 2024: 0.7% vs 0.6% forecast (Office for National Statistics). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/uk-gdp/2024-06-28

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
28 Jun 2024Q10.7%0.6%-0.3%
28 Mar 2024Q4-0.3%-0.3%-0.1%
22 Dec 2023Q3-0.1%0%0%
29 Sep 2023Q20.2%0.2%0.3%
30 Jun 2023Q10.1%0.1%0.1%
31 Mar 2023Q40.1%0%-0.1%
22 Dec 2022Q3-0.3%-0.2%0.1%
30 Sep 2022Q20.2%-0.1%0.7%
30 Jun 2022Q10.8%0.8%1.3%
31 Mar 2022Q41.3%1%0.9%
22 Dec 2021Q31.1%1.3%5.4%
30 Sep 2021Q25.5%4.8%-1.4%