UK economy grows 1.1% year-on-year in October, below estimates

- Industrial production grows 1.1% on monthly basis in October

ISTANBUL

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.

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.

Industrial production rebounds

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%).