"UK GDP grew by 0.3% month-on-month in November, recovering from a 0.1% contraction in October. This was driven by 1.1% growth in production, as well as a recovery in service activity, which grew by 0.3% after a 0.3% fall in October. Manufacturing activity grew by 2.1%, supported by a 25.5% rise the manufacturing of motor vehicles, trailers, and semi-trailers, as production normalised following the cyberattack in August."
"Meanwhile, monthly construction output fell for the second consecutive month. Output fell by 1.3%, due to decreases in both new work and repair and maintenance. With December's data still to be released, Cebr expects growth to come in at 1.4% for 2025, with this weak momentum carrying forward into 2026, where growth of 1.3% is forecast."
UK GDP grew by 0.3% month-on-month in November, reversing a 0.1% contraction in October. Production rose 1.1% while service activity recovered with 0.3% growth following a 0.3% fall. Manufacturing expanded 2.1%, driven by a 25.5% surge in the manufacturing of motor vehicles, trailers and semi-trailers as production normalised after the August cyberattack. Monthly construction output declined for a second month, falling 1.3% amid decreases in both new work and repair and maintenance. With December's data still unreleased, growth is expected at 1.4% for 2025, with weak momentum carrying into 2026 when growth is forecast at 1.3%.
Read at London Business News | Londonlovesbusiness.com
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