- Prior +0.1%
- GDP +1.1% vs +0.8% 3m/3m expected
- Prior +0.9%
That’s a solid beat but all this before the resurgence in COVID-19 cases amid the omicron spread. In any case, the improvement sees UK GDP now 0.7% above its pre-pandemic level i.e. February 2020. Looking at the details for November, services output was the main driver, contributing 0.54%. Meanwhile, production activity rose by 0.13% and construction by 0.21% on the month.
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