The UK economy grew by 0.7 per cent in the first quarter of 2025, unchanged from the initial estimate, according to official figures published on Monday. Growth was driven by a 0.7 per cent rise in the services sector, while production output increased by 1.3 per cent and construction by 0.3 per cent. On the expenditure side, gains were supported by stronger household spending, fixed investment, and net trade. Nominal GDP rose by 1.5 per cent, largely due to higher employee compensation. Real GDP per head climbed 0.6 per cent, slightly above the previous 0.5 per cent estimate. However, real household disposable income per head fell by 1.0 per cent, reversing a 1.8 per cent rise in the previous quarter. The household saving ratio also dropped by 1.1 points to 10.9 per cent, reflecting reduced non-pension savings contributions. Attribution: Amwal Al Ghad English Subediting: M. S. Salama
