UK economic growth strengthens in Q1 as GDP rises by 0.7%
Graeme Paterson
15-May-2025
LONDON (ICIS)–Economic growth in the UK strengthened in the first quarter with GDP estimated to have grown by 0.7%, according to official data on Thursday.
The economy accelerated from the previous quarter when GDP grew by just 0.1%, the Office for National Statistics (ONS) said in its first estimate, which is subject to revision.
The rate of growth in Q1 is the strongest in a year, since the first quarter of 2024 when GDP grew by 0.9%.
Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 |
0.9% | 0.5% | 0% | 0.1% | 0.7% |
Growth in Q1 2025 was driven by an increase of 0.7% in the services sector. Production also grew, by 1.1%, while the construction sector remained flat, the ONS said.
The Q1 figures were recorded before “Liberation Day” US trade tariffs were announced at the start of April, with these likely to be reflected in future economic data.
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