GDP growth in the UK in May 2024
July 11, 2024
Monthly real gross domestic product (GDP) in the UK is estimated to have increased by 0.4% in May 2024, after showing no growth in April 2024.
Real gross domestic product is estimated to have increased by 0.9% in the three months to May 2024 compared with the three months to February 2024, driven by a 1.1% rise in services output. Services output rose by 0.3% in May 2024, following a 0.3% increase in April 2024, and was the largest contributor to GDP growth in May 2024.