Economic Buzz: UK's economy grows by 0.7% in Q3

The United Kingdom's gross domestic product (GDP) rose by 0.2% in the third quarter of 2026 compared to the previous three-month period, the Office for National Statistics revealed in its preliminary report released on Thursday.

In the three-month period between July and September, the services sector expanded by 0.9% quarter-on-quarter, while the production sector climbed by 0.1%, and construction declined by 0.7%.

On an annual basis, the UK's economy grew by 1.9%, with the output in the services sector advancing by 2.3%, the production sector improving by 1.5%, and construction output decreasing by 1.7%. Meanwhile, real GDP per head in the reported quarter is estimated to have risen by 0.7% compared to the previous quarter and by 1.7% compared to the same period in the previous year.

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