--UK Q1 provisional GDP rev up at +0.4% vs Q4; +2.6% on yr
--UK Q1 consumer spending +0.6% on Q4; +3.3% on year
--UK Q1 total services rev up at +0.8% vs Q4; +3.7% on year
--ONS: UK Q1 GDP rev up due to upward revision to services
--ONS: UK Q1 distribution services rev up to +0.6% from +0.4%
--ONS: UK Q1 annual consumer spending growth slowest since Q1 1997
--ONS says foot/mouth had minimal impact on UK Q1 GDP
--UK Q1 production sector output -0.7% vs Q4; +0.6% on yr
--UK Q1 mfg sector output -0.7% vs Q4; +1.1% on yr
--UK Q1 domestic demand +0.8% vs Q4; +3.6% on year
--UK Q1 inventories +90 mln stlg vs Q4 -533 mn stlg
--UK Q1 GDP market price deflator +0.5% on qtr, +2.1% on yr
--ONS says UK trade gap cuts UK Q1 GDP by 0.5 pct pts

London, May 25 (BridgeNews) - U.K. first quarter GDP growth was unexpectedly revised upwards by the Office for National Statistics Friday. First quarter GDP rose 0.4% on the quarter and 2.6% on the year, compared with the initial estimate of up 0.3% on the quarter and up 2.5% on the year, the ONS data showed. The ONS said the overall upward revision was due to revised services growth, which came in at up 0.8% on the quarter and up 3.7% on the year, compared with the initial estimate of up 0.7% on the quarter and up 3.6% on the year.
* * * An upward revision to growth in distribution services in turn underpinned the upward revision to services growth. Output of distribution services, which includes hotels and restaurants, rose by 0.6% compared with 0.4% in the original estimate of GDP.
The detailed GDP data showed, however, relatively subdued growth in consumer spending. Consumer spending rose by 0.6% on the quarter and 3.3% on the year. The year-on-year growth in consumer spending was the slowest since the first quarter of 1997.
The data showed the U.K. was still a tale of two economies, with the relatively strong services growth offset by relatively weak production and manufacturing output. Total production industry output fell by 0.7% on the quarter, and was up just 0.6% on the year. Manufacturing fell 0.7% on the quarter and was up 1.1% on the year.