UK first quarter GDP report

November 25, 2021

During the first quarter of 2021 (Jan to Mar), all four countries in the UK reported a negative quarter-on-quarter growth in gross domestic product (GDP). Office for National Statistics reported that “England decreased by 0.6%, Scotland fell by 1.6%, Northern Ireland fell by 1.0% and Wales fell by 1.7%, following growths in Quarter 4 (Oct to Dec) 2020.”

Additionally, it was observed that of the nine English regions, the highest decrease in the first quarter 2021 were seen in East Midlands (-1.4%), and North East, North West and South East (all decreasing by 1.3%). The only region estimated to have increased was East of England, by 0.5%.

The Office for National Statistics stated, “data within this release have been updated to include Quarter 1 (Jan to Mar) 2021 but do not include any revisions to earlier data periods, including alignment to recently published Annual Regional Accounts or Quarterly National Accounts; the majority of this release presents only quarter on quarter changes from Quarter 4 2020 to Quarter 1 2021.”


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