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UK Economy Grows 1.1% Year-on-Year in October, Falls Short of Expectations

London: The British economy grew 1.1% in October, according to official data released on Friday. The figure came below the market expectations of 1.4% growth for the month, following a 1.1% expansion in September, the Office for National Statistics (ONS) data showed.

According to Anadolu Agency, on a monthly basis, the British gross domestic product (GDP) contracted 0.1%, despite expectations of a 0.1% growth. Production output grew by 1.1% on a monthly basis in October. Meanwhile, construction output fell by 0.6%, and services output was down 0.3% in October.

"Real gross domestic product (GDP) fell by 0.1%, following growth of 0.1% in the three months to September 2025 and 0.2% in the three months to August 2025," the ONS said in a statement. In the three months to October, services output posted no change, while construction output fell 0.3%. Production output also fell 0.5% in the three months to October.

Meanwhile, the British industrial production was back to growth in October, rising 1.1% on a monthly basis. The figure followed a 2% decline in September, and exceeded the market estimates. The largest upward contributors to the monthly rise came from the mining and quarrying (up 4.3%), electricity and gas (up 2.1%), and manufacturing (up 0.5%).