UK GDP shrinks 0.1% in January

Decline in GDP due to a fall in production output as forecast predicts 'tough year ahead'

Sorin Dojan
clock • 2 min read
Decline mostly the result of a fall in production output, which sank by 0.9% in the first month of the year. Credit: iStock
Image:

Decline mostly the result of a fall in production output, which sank by 0.9% in the first month of the year. Credit: iStock

UK GDP fell by 0.1% in January 2025, prompting investors to fret over further economic headwinds this year.

According to data from the Office for National Statistics released today (14 March), the GDP decline was mostly the result of a fall in production output, which sank by 0.9% in the first month of t...

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