GDP monthly estimate: July 2022

Total output in the services sector, which accounts for around three quarters of the economy, is estimated to have fallen by 0.3% in July.

Within services, at the broad level, output in consumer facing services grew by 0.3%.

Output in health, education and public services grew by 0.2% in July, after falling in each month in quarter 2, mostly due to further reductions in NHS test and trace and vaccination activities.

Output across all other services fell by 0.8% in total, with decreases led by a 3.7% fall in professional, scientific and technical services output.

Overall output in production, construction and agriculture grew by 0.1% compared to the previous month. This includes growth of 2.5% in the water and waste management industry, rebounding after a sharp fall in June of 2.1%.

Within production, manufacturing output grew by 1.8% in July, with increased levels of output in three of the five subsectors. Manufacturing continues to be quite volatile from month to month, with output remaining below the level seen in 2019.

Construction output is estimated to have fallen by 0.8% in July, after falling by 1.3% in June.