{"id":430460,"date":"2026-05-14T13:40:09","date_gmt":"2026-05-14T06:40:09","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/2026\/05\/uk-q1-preliminary-gdp-0-6-vs-0-6-q-q-expected\/"},"modified":"2026-05-14T13:40:09","modified_gmt":"2026-05-14T06:40:09","slug":"uk-q1-preliminary-gdp-0-6-vs-0-6-q-q-expected","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/2026\/05\/uk-q1-preliminary-gdp-0-6-vs-0-6-q-q-expected\/","title":{"rendered":"UK Q1 preliminary GDP +0.6% vs +0.6% q\/q expected"},"content":{"rendered":"<div>\n<ul>\n<li>Prior +0.1%<\/li>\n<li>GDP +1.1% vs +0.8% y\/y expected<\/li>\n<li>Prior +1.0%<\/li>\n<\/ul>\n<p class=\"text-align-justify\">That&#8217;s a solid showing by the UK economy in the first quarter of the year, helped by <a href=\"https:\/\/investinglive.com\/news\/uk-q1-preliminary-gdp-06-vs-06-qq-expected-20260514\/\" target=\"_blank\" rel=\"follow\">a strong performance in March<\/a> despite the challenges from rising energy prices. Services output was the biggest contributor, increasing by 0.8% in Q1 2026. That compares with the 0.2% growth in the same sector in Q4 2025. And even compared to the same quarter a year ago, services output was higher by 1.4%.<\/p>\n<p class=\"text-align-justify\">Of note, non-consumer-facing services (business-facing services) grew by 0.7%, while consumer-facing services grew by 0.8%.<\/p>\n<p class=\"text-align-justify\">Besides that, household consumption also showed a notable increase in the first quarter (+0.35%) which is a marked improvement from the final quarter of last year (+0.07%).<\/p>\n<p class=\"text-align-justify\">All in all, the report suggests that it was all fun and games for the UK economy in Q1. That as economic conditions enjoyed a period of resilience and solid performance. However, now is when the real challenge begins in having to deal with the fallout from the US-Iran conflict.<\/p>\n<p>                            This article was written by Justin Low at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Prior +0.1% GDP +1.1% vs +0.8% y\/y expected Prior +1.0% That&#8217;s a solid showing by the UK economy in the first quarter of the year, helped by a strong performance in March despite the challenges from rising energy prices. Services output was the biggest contributor, increasing by 0.8% in Q1 2026. That compares with the [&hellip;]<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-430460","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/430460","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=430460"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/430460\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=430460"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=430460"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=430460"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}