UK gross domestic product (GDP) is estimated to have increased by 0.1% in Quarter 4 (Oct to Dec) 2022, revised from a first estimate of no growth. In output terms, the services sector grew by 0.1% and the construction sector grew by 1.3%, while the production sector growth was flat in Quarter 4 2022. The level of real GDP in Quarter 4 2022 is now estimated to be 0.6% below where it was pre-coronavirus (COVID-19) at Quarter 4 2019, revised upwards from the previous estimate of 0.8% below. The GDP implied deflator rose by an upwardly revised 7.3% in the year to Quarter 4 2022, primarily reflecting higher cost pressures ... (full story)