Economy indicator

Real GDP quarter-on-quarter growth

The economy produced more in the latest quarter than in the preceding quarter after adjusting for price changes.

Verified primary source

Current figure0.4%

Previous figure0.6%

Change-0.2 points

Reporting period2026 Q2

Long-term trend

The displayed series runs from 2021 Q2 (7%) to 2026 Q2 (0.4%). This is descriptive and does not attribute causation.

Accessible data table

Real GDP quarter-on-quarter growth recent observations
Period	Value
2021 Q2	7%
2021 Q3	1.7%
2021 Q4	1.4%
2022 Q1	1%
2022 Q2	0.6%
2022 Q3	0.1%
2022 Q4	0.3%
2023 Q1	0.1%
2023 Q2	0%
2023 Q3	-0.2%
2023 Q4	-0.3%
2024 Q1	0.7%
2024 Q2	0.6%
2024 Q3	0.2%
2024 Q4	0.4%
2025 Q1	0.6%
2025 Q2	0.2%
2025 Q3	0.1%
2025 Q4	0.1%
2026 Q1	0.6%
2026 Q2	0.4%

Insight

FactWhat the data show. Real GDP quarter-on-quarter growth was 0.4% in 2026 Q2.

CalculationWhat has changed. The change from 2026 Q1 is -0.2 percentage points.

ComparisonHow it compares. Comparison awaiting period-aligned review. The year-earlier value was 0.2%.

InterpretationWhy it may matter. GDP growth influences living standards, employment, tax receipts and the sustainability of public spending and debt.

LimitationImportant limitations. Early GDP estimates are routinely revised as more information becomes available. The OBR comparison is an annual forecast; the main ONS figure is quarter-on-quarter growth.

Policy optionsPossible evidence-based responses. No option is published until supporting and questioning evidence, distributional effects, cost, risks, confidence and success measures complete editorial review. Options are not instructions or endorsements.

MeasurementHow progress could be measured. Continue the same quarterly series, record revisions and compare like-for-like reporting periods.