UK April GDP MoM
Office for National Statistics announced the UK April GDP MoM on 2025-06-12. The reported figure stands at -0.3%, against a forecast of -0.1%, with the prior figure recorded as 0.20%.
Regarding the UK April GDP MoM, 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 key indicator of economic health.
This data holds an importance level of , calculated using The method for calculating the monthly GDP rate in the UK usually involves collecting various economic data, including production, investment, consumption, and net exports, and comparing it with data from previous months to calculate the growth rate of GDP. This process may include the use of seasonal adjustments and survey data to ensure accuracy and comparability. By monitoring the monthly GDP rate in the UK, changes 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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