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    HomeLive CommentsUK Q1 GDP finalized at -1.6% qoq, -8.8% below pre-pandemic level

    UK Q1 GDP finalized at -1.6% qoq, -8.8% below pre-pandemic level

    UK Q1 GDP contraction was finalized at -1.6% qoq, revised from first estimate of -1.5% qoq fall. The level of GDP was -8.8% below the pre-pandemic level at Q4 2019.

    Services contracted -2.1% qoq, and was at -8.8% below Q4 2019. Production contracted -0.5% qoq, at -3.7% below Q4 2019. Construction grew 2.3% qoq, still -3.7% below pre-pandemic levels.

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