ONS data show economy continued to grow in August
The latest gross domestic product (GDP) data issued by the Office for National Statistics (ONS) shows that monthly GDP grew by 0.1% in August.
16 Oct 2026
The latest gross domestic product (GDP) data issued by the Office for National Statistics (ONS) shows that monthly GDP grew by 0.1% in August. Real GDP is estimated to have grown by 0.7% in the three months to August 2026 which is the eighth consecutive three-months of growth.
However, growth was not consistent across industries. The largest contributor to three-month growth was services which grew by 0.9%; however, the other two main sectors of construction and production fell in the same period. Looking at more specific sectors, computer programming has been one of the largest contributors to growth in that period.
The figures reflect a degree of resilience in the economy, but commenters have urged a degree of caution and called for a growth-focused Autumn Budget. Stuart Morrison, Research Manager at the British Chambers of Commerce said:
'Ahead of the budget, growth of 0.7% in the three months to August is welcome and a positive indicator of business resilience, despite challenging economic conditions...
'But growth in August remained lukewarm with just 0.1% added, and it is clear many sectors are still struggling to make headway amidst global headwinds. Firms are facing significant pressures from the cost of doing business, as the Middle East conflict continues to ratchet up energy prices.
'The Chancellor's Budget, in less than two weeks, provides a crucial opportunity to give businesses the breathing space they need to invest, recruit and trade.'
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