14 May 2026, 11:40 United Kingdom: GDP Posts Surprise Expansion in March.
The GDP in the UK expanded 0.3% month-on-month in March 2026, slowing from a downwardly revised 0.4% growth in February but defying expectations of a 0.2% contraction. Services were the main driver, rising 0.3%, led by information and communication, which grew 1.1% and extended four consecutive months of growth. Within the subsector, information service activities surged 6.0%, while computer programming, consultancy, and related activities increased 1.1%. Additional support came from accommodation and food services, up 1.3%, and human health and social work activities, which rose 0.4%. These gains were partly offset by a 0.2% decline in wholesale and retail trade, including motor vehicle repair. Elsewhere, construction grew 1.5%, while production fell 0.2%. On a yearly basis, GDP rose 1.2%, the strongest growth since July last year, accelerating from 1.0% in February and above forecasts of 0.7%.
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