UK GDP Growth Rate Final (Q4) Q/Q 0.1% vs. Exp. 0.1% (Prev. 0.1%, Low. 0.1%, High. 0.2%)

The final UK GDP growth rate for Q4 came in line with expectations at 0.1%, confirming a stagnant growth trend.

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UK GDP Growth Rate Final (Q4) Q/Q 0.1% vs. Exp. 0.1% (Prev. 0.1%, Low. 0.1%, High. 0.2%)

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  • ONS says the household savings ratio increased and remains high by historic standards. 
Context

The increase in the household savings ratio, remaining historically high, suggests consumers are cautious, which could impact future economic activity and policy considerations around growth and inflation.

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