Office for National Statistics announced the UK October GDP Month-on-Month on 2025-12-12.
Regarding the UK October GDP Month-on-Month, Gross Domestic Product (GDP) measures the annual change in the total value of all goods and services produced by an economy, adjusted for inflation. 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 monthly GDP statistics method in the UK typically involves collecting various economic data, including production, investment, consumption, and net exports, and comparing it with data from previous months to calculate the GDP growth rate. This process may include the use of seasonal adjustments and survey data to ensure accuracy and comparability. By monitoring the UK's monthly GDP, trends in economic activity can be assessed, providing important references for economic policy formulation and forecasting, and updates monthly.
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| 1H | 24H | 7D | 30D | 1Y |
|---|---|---|---|---|
0.27% | 11.77% | 44.37% | 40.94% | 76.35% |