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The UK's GDP estimate for February 2025 is a strong 0.5% month-on-month growth, higher than a forecast rise of 0.1% from economists. This is the best monthly performance in the past eleven months and is a confirmation of growth in economic activity.
The rise was wide-based across the key sectors, with services, manufacturing and construction all contributing to the rise. Services production grew 0.3%, led by computer programming and telecommunications, and manufacturing production grew significantly by 1.5%, aided by a 2.2% increase in manufacturing. Construction also increased, by 0.4% after a drop last month.
Month on month, GDP was 1.4% higher in February 2025 than in the previous month and increased 0.6% in the three months to February versus the three months to November 2024. The growth is before possible economic headwinds, such as the anticipated effect of U.S. tariffs, which would make British exports to the U.S more expensive
