Latest data released by ONS - 13 October 2021

  • Prior +0.1%; revised to -0.1%
  • GDP +2.9% vs +3.0% 3m/3m expected
  • Prior +3.6%

That's a decent improvement in economic output, though overall growth remains 0.8% below pre-pandemic i.e. February 2020 levels at this stage. The softer revision to July is a bit of a negative but there are some modest showings in the economy in August:

That said, supply and capacity constraints will be key detrimental factors that may weigh on the economic outlook further in Q4 so keep an eye on that.