• Prior +1.1%
  • GDP +6.5% vs +6.4% y/y expected
  • Prior +6.8%

UK GDP is estimated to have increased by 7.5% last year, with Q4 GDP as a whole seen 0.4% below the pre-pandemic level back in Q4 2019. That is at least an encouraging sign and bolsters hopes of a stronger recovery this year after having seen the omicron impact be rather minimal and lesser than anticipated.

UK GDP Q4 2021