UK GDP grew 0.1% mom in February, matched expectations. Services grew by 0.1% mom. Production output grew 1.1% mom, and was the largest contributor to growth in the month. Construction output fell -1.9% mom.
For the three months to February, compared with the three months to November 2023, GDP has grown 0.2%. Services rose 0.2%. Production grew 0.7%. Construction fell -1.0%.