Pubblicato in: Banche Centrali, Regno Unito

Regno Unito. 2021Q2. Pil -4.4% rispetto al 2019Q4. Investimenti aziendali +9.7%.

Giuseppe Sandro Mela.

2021-08-14.

2021-08-12__Regno Unito 001

                         In sintesi.

– The level of GDP is now 4.4% below where it was pre-coronavirus pandemic at Quarter 4 (Oct to Dec) 2019

* * * * * * *

Diamo con piacere atto allo Office for National Statistics di aver riportato il pil sull’ultimo trimestre del 2019, ultima rilevazione prima del lockdown.

Il sistema economico inglese sta dando vivi segni di ripresa: in particolare gli investimenti delle aziende hanno ripreso a buon ritmo, +9.7%, così come la produzione manifatturiera, +13.9%.

* * * * * * *


Lo Office for National Statistics ha Rilasciato il Report GDP first quarterly estimate, UK: April to June 2021

First quarterly estimate of gross domestic product (GDP). Contains current and constant price data on the value of goods and services to indicate the economic performance of the UK.

                         Main Points

– UK gross domestic product (GDP) is estimated to have increased by 4.8% in Quarter 2 (Apr to June) 2021 following the easing of coronavirus (COVID-19) restrictions.

– There have been increases in services, production and construction output over the quarter.

– In output terms, the largest contributors to this increase were from wholesale and retail trade, accommodation and food service activities, and education.

– The level of GDP is now 4.4% below where it was pre-coronavirus pandemic at Quarter 4 (Oct to Dec) 2019.

– In Quarter 2 2021, there were increases in nearly all main components of expenditure apart from “trade”, with the largest contribution from household consumption, which contributed 4.1 percentage points to the 4.8% increase following the easing of coronavirus restrictions in Quarter 2 2021 compared with Quarter 1 (Jan to Mar) 2021.

                         Headline GDP figures.

UK gross domestic product (GDP) is estimated to have increased by 4.8% in Quarter 2 (Apr to June) 2021, following the easing of coronavirus (COVID-19) restrictions (Figure 1). Monthly estimates published today (12 August 2021) show that GDP increased across all three months at 2.2% in April, 0.6% in May and 1.0% in June 2021.

The level of GDP in the UK is now 4.4% below where it was prior to the coronavirus pandemic at the end of 2019.

*

Several countries have published first estimates of nominal and real GDP for the second quarter of 2021, including France, Germany, Spain and the United States. Italy and Canada have also published first estimates of real GDP for Quarter 2 2021, but not nominal GDP and therefore have not been included in Figure 2. The UK experienced the largest increase in real GDP of these countries in Quarter 2 2021, in part reflecting the timing of the tightening and easing of public health restrictions in the first half of this year.

Of the other countries, Italy and Spain had the next largest volume increases in Quarter 2 2021. However, these two countries are the furthest away from their pre-pandemic levels of GDP, with Spain 6.8% and Italy 3.8% below their Quarter 4 (Oct to Dec) 2019 levels. The United States is the only economy to have recovered to above pre-pandemic levels (0.8%).