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UK GDP Growth Revised Up to 0.5% in Q2 2026, Boosting Economic Outlook
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News18•30-09-2026, 13:15
UK GDP Growth Revised Up to 0.5% in Q2 2026, Boosting Economic Outlook
- •The UK's GDP growth for Q2 2026 was revised upwards to 0.5% by the Office for National Statistics (ONS), an increase from the initial estimate of 0.4%.
- •This follows a 0.6% GDP increase in Q1 2026, indicating sustained economic expansion.
- •GDP in Q2 2026 was 2.0% higher than in Q4 2024, also an upward revision from the earlier estimate of 1.9%.
- •Real GDP per head increased by 0.5% in Q2 2026 and was 1.2% higher compared to the same period in 2025.
- •Household finances improved, with real household disposable income per head rising by 1.0% in Q2, and the household saving ratio increasing to 8.8%.
Key Questions Answered
The United Kingdom's gross domestic product grew by 0.5 per cent in the second quarter of 2026, which is 0.1 percentage points higher than the initial estimate of 0.4 per cent.
Real household disposable income per head rose by 1.0 per cent in Q2 2026, recovering from a 0.8 per cent decline in the previous quarter. Additionally, the household saving ratio increased by 0.2 percentage points to reach 8.8 per cent.
For the full year 2025, the UK's real GDP growth was estimated at 1.2 per cent, representing a downward revision of 0.1 percentage points from the previous estimate.
