Economic Calendar

Friday, August 22, 2008

U.K. Second Quarter GDP Levels: Summary (Table)

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By Mark Evans

Aug. 22 (Bloomberg) -- Following is the summary of second quarter U.K. GDP from the Office for National Statistics in London:


=============================================================================
2Q 1Q 4Q 3Q 2Q
2008 2008 2007 2007 2007
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------------- Quarterly % changes ------------
Chained Volume Indices
GDP market prices 0.0% 0.3% 0.6% 0.6% 0.9%
Gross value added* 0.0% 0.3% 0.6% 0.5% 0.8%
Implied Deflators
Gross domestic expenditure 0.8% 1.1% 0.5% 0.6% 1.0%
GDP market prices 0.6% 0.8% 0.5% 0.6% 1.0%
Gross value added* 0.8% 0.7% 0.7% 0.8% 1.2%
Value Indices at Current Prices
GDP market prices 0.6% 1.1% 1.0% 1.2% 1.9%
Gross value added* 0.8% 1.0% 1.2% 1.3% 2.0%
=============================================================================
=============================================================================
2Q 1Q 4Q 3Q 2Q
2008 2008 2007 2007 2007
=============================================================================
Final Consumption Expenditure
Households -0.1% 1.1% 0.4% 0.9% 0.7%
General Government 0.4% 0.9% 0.2% 0.3% 0.5%
Gross fixed capital formation -5.3% -1.5% 2.2% 2.7% -1.9%
Exports -0.5% 0.6% -1.3% 1.3% 1.0%
Imports -1.4% -1.2% -0.7% 4.5% -0.9%
-------------- Annual % changes --------------
Chained Volume Indices
GDP market prices 1.4% 2.3% 2.8% 3.1% 3.3%
Gross value added* 1.4% 2.2% 2.7% 3.1% 3.2%
Implied Deflators
Total domestic Expenditure 2.9% 3.2% 2.3% 2.3% 2.9%
GDP market prices 2.6% 3.0% 2.7% 2.6% 3.4%
Gross value added* 3.0% 3.4% 3.1% 2.7% 3.4%
Value Indices at Current Prices
GDP market prices 4.0% 5.3% 5.6% 5.8% 6.7%
Gross value added* 4.4% 5.7% 5.9% 5.9% 6.7%
=============================================================================
2Q 1Q 4Q 3Q 2Q
2008 2008 2007 2007 2007
=============================================================================
Final Consumption Expenditure
Households 2.3% 3.0% 2.7% 3.6% 2.8%
General Government 1.9% 2.0% 1.7% 2.0% 2.3%
Gross fixed capital formation -2.1% 1.4% 4.4% 4.9% 5.7%
Exports 0.2% 1.6% 0.2% 2.1% -11.3%
Imports 1.0% 1.6% 4.0% 4.6% -10.0%
---------------- Index Level -----------------
Chained Volume Indices
GDP market prices 112.9 112.9 112.6 111.9 111.3
Gross value added* 112.9 112.9 112.6 112.0 111.4
Implied Deflators
Total domestic Expenditure 113.9 113.0 111.8 111.3 110.7
GDP market prices 113.4 112.7 111.8 111.3 110.6
Gross value added* 113.8 113.0 112.1 111.4 110.5
Value Indices at Current Prices
GDP market prices 128.0 127.2 125.8 124.5 123.1
Gross value added* 128.5 127.5 126.3 124.7 123.1
=============================================================================
2Q 1Q 4Q 3Q 2Q
2008 2008 2007 2007 2007
=============================================================================
---- Chained Volume Measure (GBP/Million) ----
GDP market prices 315,629 315,510 314,662 312,926 311,170
Gross value added* 280,425 280,419 279,663 278,129 276,635

Final Consumption Expenditure
Households 195,910 196,034 193,960 193,224 191,590
General Government 64,981 64,722 64,141 63,990 63,775
Gross fixed capital formation 54,751 57,813 58,669 57,417 55,901
Exports 85,101 85,495 84,945 86,075 84,972
Imports 95,195 96,581 97,767 98,462 94,221
=============================================================================

NOTE: Gross Domestic Product (GDP) and its main components incorporate
annual chain linking.
*: At basic prices

SOURCE: National Statistics

To contact the reporter on this story: Mark Evans in London at mevans8@bloomberg.net


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