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Latest GDP figures show growth up by just 0.1%

The Journal

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October 17, 2025

CHANCELLOR Rachel Reeves has been put under further pressure ahead of next month's Budget after official figures showed muted growth in August following a surprise contraction in July.

The Office for National Statistics (ONS) said gross domestic product (GDP) rose by 0.1% month-on-month in August and fell by 0.1% in July, in a revision to the previous estimate for no growth.

In the three months to August, GDP grew by 0.3% compared with 0.2% growth in the three months to July, the ONS said.

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