Economic Buzz: UK's GDP contracts 0.3% in April

According to the Office for National Statistics, UK's monthly real gross domestic product (GDP) is estimated to have fallen by 0.3% in April 2025, following growth of 0.2% in March 2025.

Real GDP is estimated to have grown by 0.7% in the three months to April 2025, compared with the three months to January 2025, largely driven by growth in the services sector in this period.

Monthly services output fell by 0.4% in April 2025, following growth of 0.4% in March 2025, and was the largest contributor to the fall in GDP in the month; but grew by 0.6% in the three months to April 2025.

Production output fell by 0.6% in April 2025, following a fall of 0.7% in March 2025, but grew by 1.1% in the three months to April 2025.

Construction output grew by 0.9% in April 2025, following growth of 0.5% in March 2025, and grew by 0.5% in the three months to April 2025.

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