GDP monthly estimate: October 2022

Total output in the services sector, which accounts for around three quarters of the economy, is estimated to have grown by 0.3% in October. Within this broad sector, the largest improvement in growth was in transport and storage services, which grew by 1.3%.  The largest negative contribution to growth was in other services, which fell by 1.3%.

Within services, at the broad level, output in consumer facing services remained flat (0.0% growth). Output in health, education and public services grew by 0.2% in October. Output across all other services grew by 0.5% in total, with increases led by a 1.3% increase in Transport and Storage output.

Overall output in production, construction and agriculture grew by 0.6% compared to the previous month. This includes growth of 4.4% in the Electricity and Gas Supply industry and growth of 0.9% in construction, partly offset by a fall of 0.3% in manufacturing output and a fall of 0.9% in mining and quarrying industries.