Office for National Statistics

Economy unexpectedly shrinks 0.1% in May

Monthly real gross domestic product (GDP) unexpectedly fell 0.1% in May 2025, following an unrevised fall of 0.3% in April 2025 and growth of 0.4% in March 2025, according to the latest figures from the Office for National Statistics (ONS). Gross domestic product (GDP) rose by 0.5% in the three…

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Inflation eases to 3.4% in May amid falling air prices

Inflation eased to 3.4% in May 2025, down from 3.5% in the 12 months to April, as rising food prices were offset by falling air fares, according to the latest figures from the Office for national statistics. However, the fall comes with a caveat: the ONS has since revealed that…

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Inflation jumps to 3.5% in April

Inflation increased to 3.5% in April, according to the latest figures for the Office for National Statistics (ONS), which it blamed on a “significant increase” in household bills. The 12-month inflation rate for housing and household services was 7.0% in April 2025, up from 5.1% in March. On a monthly…

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UK GDP unexpectedly falls 0.1% in Jan

The UK economy shrank unexpectedly by 0.1% in January as production in the manufacturing sector struggled, according to the latest figures from the Office for National Statistics (ONS). The fall comes after growth of 0.4% in December 2024 and growth of 0.1% in November 2024. Production output decreased by 0.9%…

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Inflation hits highest level in 10 months

Inflation hit 3% in January, its highest level in 10 months, as air fairs, new private school fees and the cost of food and drink all rose more than usual for the time of year, according to the latest figures from the Office for National Statistics (ONS). The 3% level…

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UK economy narrowly returns to growth in November

The UK economy narrowly returned to growth in November as real gross domestic product (GDP) increased 0.1%, largely because of a growth in services. The increase comes after two consecutive months of decline, however, real GDP is estimated to have shown no growth in the three months to November 2024,…

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Inflation unexpectedly falls to 2.5% in December

The rate of Consumer Price Index inflation unexpectedly fell one percentage point to 2.5% in December, dipping for the first time in three months, according to the Office for National Statistics (ONS).  It comes as hotel prices fell and tobacco costs eased, which have been credited with helping offset a…

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Energy bills push inflation to 2.3% in October

The rising cost of energy has pushed inflation up to 2.3% in October, above consensus forecasts of 2.2%, according to the latest figures from the Office for National Statistics (ONS). The figure is up from the 1.7% posted in September and is also above the desired level of 2% set…

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UK economy stagnates in three months to September

UK gross domestic product (GDP) is estimated to have stagnated during the third quarter of the year as uncertainty ahead of the budget affected decision making, according to the latest figures from the Office For National Statistics. The ONS found that UK GDP increased by 0.1% in Quarter 3 (July…

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UK economy stagnates for second consecutive month

The UK economy experienced no growth for the second consecutive month in July, underperforming analysts’ expectations of 0.2% growth for the month. It comes as services output is estimated to have increased by 0.1% in July 2024, following a decrease of 0.1% in June. The largest positive contribution to the…

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