United Kingdom NIESR Monthly GDP Tracker
The National Institute of Economic and Social Research (NIESR) Monthly GDP Tracker provides estimates for the previous month's GDP and a forecast for the current quarter in the UK. Here’s a summary based on the latest available information:
- Recent Data: According to a post by NIESR on May 15, 2025, monthly GDP rose by 0.2% in March 2025, following 0.5% growth in February 2025, driven primarily by the services sector. This resulted in a GDP growth of 0.7% for Q1 2025.
- Purpose and Methodology: The NIESR GDP Tracker supplements the Office for National Statistics (ONS) monthly GDP estimates, which have a two-month lag. NIESR provides an estimate for the prior month and a rolling forecast for the quarter, using key macroeconomic indicators and survey evidence. It began in July 2018, following the ONS’s introduction of monthly GDP estimates.