UK GDP rises 0.5% in February ahead of Iran conflict

Bank of England says it will not 'rush' judgements about interest rate changes

Linus Uhlig
clock • 2 min read
With the full impact of the Iran conflict yet to be felt in the data, central banks across the world have opted to pause their rate-cutting cycles.    Credit: iStock
Image:

With the full impact of the Iran conflict yet to be felt in the data, central banks across the world have opted to pause their rate-cutting cycles. Credit: iStock

GDP in the UK rose 0.5% in February 2026 ahead of the conflict in the Middle East, according to data from the Office for National Statistics today (16 April).

This came in above expectations of economists polled by Reuters, who had forecast a 0.2% rise, following a growth of 0.3% in the three months to January  In the three months to February 2026, se...

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