UK official statistics (ONS, Bank of England, DEFRA, HMRC, DBT, and DfT) · · Revised 1,726 series
UK Q3 2026 GDP: growth picks up to 0.7%, the fastest in the recent run
UK gross domestic product (GDP), the total value of goods and services the economy produces, grew 0.7% in the third quarter of 2026 from the previous quarter. That was the fastest quarterly growth in the recent run.
A data update from FactIQ, written from UK official statistics (ONS, Bank of England, DEFRA, HMRC, DBT, and DfT) figures. What is FactIQ?
Key figures
- UK real GDP growth, third quarter of 2026, quarter on quarter
- 0.7%second quarter revised up from 0.4% to 0.5%2014-10-012026-07-01Gross Domestic Product: Quarter on Quarter growth: CVM SA %
- UK real GDP, third quarter of 2026
- £749,999mabout 1.9% higher than a year earlier2014-10-012026-07-01Gross Domestic Product: chained volume measures: Seasonally adjusted £m
- UK household consumption, third quarter of 2026
- £439,036mup about 0.6% on the quarter2014-10-012026-07-01Household final consumption expenditure :National concept CVM SA - £m
- Bank of England Bank Rate, since 5 November 2026
- 4.00%up from 3.75%2026-09-072026-11-11Official Bank Rate
Growth in the third quarter beat the quarters before it
Real gross domestic product (GDP) is adjusted for inflation and seasonal patterns. It rose to £749,999m (million pounds) in the third quarter (Q3) of 2026. That was a 0.7% gain on the quarter before. Growth in the second quarter (Q2) was revised up from 0.4% to 0.5%. First-quarter growth stays at 0.6%. Output was about 1.9% higher than a year earlier.
Households and businesses both spent more
- Household consumption rose about 0.6% on the quarter to £439,036m.
- Business investment edged up about 0.4% to £83,897m.
- Nominal GDP is not adjusted for inflation. It rose about 1.4% to £798,239m.
The Bank of England raised interest rates in early November and sterling slipped
Bank of England data show Bank Rate, its main policy interest rate, at 4.00% since 5 November, up from 3.75%. The pound fell to $1.3282 on 11 November from $1.3476 on 5 November. The 10-year gilt par yield was 5.19% on 10 November. This yield measures the return on ten-year UK government bonds, which are called gilts.
Annual growth for earlier years changed slightly
Growth for 2025 was trimmed from 1.3% to 1.2%. Growth for 2024 was raised from 1.0% to 1.1%, and growth for 2023 from 0.3% to 0.4%. HMRC, the UK tax and customs authority, also published trade data for September 2026. It made routine revisions to earlier months.
Source: UK official statistics (ONS, Bank of England, DEFRA, HMRC, DBT, and DfT). See all UK data in FactIQ.