The UK economy expanded more than initially estimated in the fourth quarter, reflecting the revisions across the service sector, data from the Office for National Statistics showed on Thursday.
Gross domestic product grew 1.3 percent sequentially in the fourth quarter, instead of the initial estimate of 1.0 percent. This was also faster than the 0.9 percent rise in the third quarter.
The level of GDP was now 0.1 percent below where it was pre-coronavirus at the fourth quarter of 2019, revised from the previous estimate of 0.4 percent below, the ONS said.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.