16 April 2026, 10:14  United Kingdom: GDP Unexpectedly Accelerates in February.

The GDP in the UK expanded 0.5% month-on-month in February 2026, compared to expectations and January’s revised 0.1% growth. This marks the strongest growth since January 2024, with services rising 0.5% (vs +0.1% in January). The largest positive contribution came from administrative and support service activities (+2.0%), driven by a rebound in employment activities (+2.5%), alongside gains in wholesale and retail trade; repair of motor vehicles (+0.7%). These were partly offset by a 0.3% decline in accommodation and food services. Production also rose 0.5%, reversing prior declines, supported by mining and quarrying (+3.9%) and energy supply (+1.5%). Construction grew 1.0%, led by private housing. On a yearly basis, GDP expanded 1.0%, the strongest growth since September last year. The latest data precedes the Middle East escalation. As a net energy importer, the UK is exposed to global energy price shocks from disrupted oil and gas exports in the region.

© 1999-2026 Forex EuroClub
All rights reserved