Uk Gdp Growth Forecast 2024. The gdp in the uk expanded 0.1% on quarter in q3 2024, the smallest growth rate in three quarters, below 0.5% in q2 and forecasts of 0.2%, preliminary estimates showed. Global gdp growth forecast to slip to 2.5% in 2024, returning to 2.7% in 2025.

Uk gdp growth in 2024 is projected to be 0.9%, a marginal downgrade compared to our june forecast of 1.0%. Gradual fiscal consolidation is required over the short term to support the return of inflation to target and rebuild fiscal space, following.