Analysts forecast a 0.4% expansion in UK GDP for Q2, easing from the 0.6% rise in Q1, per preliminary estimates.
The UK Office for National Statistics will publish its preliminary Q2 GDP estimate on Thursday, with economists projecting a 0.4% quarterly increase. The figure marks a slowdown from the 0.6% growth recorded in Q1, reflecting moderating economic momentum amid persistent inflation and tight monetary policy.
Consensus estimates align at 0.4%, though some analysts warn of downside risks due to weaker-than-expected retail sales and industrial output in recent months. Comparable data from the eurozone showed a 0.3% expansion in Q2, underscoring regional divergence in post-pandemic recovery trajectories.
Markets will scrutinize the release for clues on the Bank of England’s rate path, with policymakers balancing inflation control against growth concerns.