Sunday, December 15, 2024
HomeFashionUK real GDP down 0.1% MoM, up 1.3% YoY in Oct 2024:...

UK real GDP down 0.1% MoM, up 1.3% YoY in Oct 2024: ONS



UK real GDP down 0.1% MoM, up 1.3% YoY in Oct 2024: ONS

UK real gross domestic product (GDP) is estimated to have fallen by 0.1 per cent month on month (MoM) in October this year, largely because of a decline in production output, according to the Office of National Statistics (ONS). This follows a fall of 0.1 per cent in September and a growth of 0.2 per cent in August.

Real GDP is estimated to have grown by 0.1 per cent quarter on quarter (QoQ) in the three months to October 2024.

UK real GDP is estimated to have fallen by 0.1 per cent month on month in October, largely because of a decline in production output, official statistics show.
It is estimated to have grown by 0.1 per cent quarter on quarter in the three months to October.
GDP is estimated to have increased by 1.1 per cent YoY in the three months to October, and rose by 1.3 per cent YoY in October.

GDP is estimated to have increased by 1.1 per cent year on year (YoY) in the three months to October, and rose by 1.3 per cent YoY in October.

Production output fell by 0.6 per cent in October due to falls in manufacturing, and mining and quarrying output, following a fall of 0.5 per cent in September. Production output fell by 0.3 per cent QoQ in the three months to October 2024, an ONS release said.

Manufacturing output decreased in seven of the 13 sub-sectors in October this year.

Fibre2Fashion News Desk (DS)




Source link

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -

Most Popular

Recent Comments