UK February GDP Beats Forecast

UK GDP rose 0.1% month‑on‑month in February, outpacing Reuters’ 0.1% forecast and following a revised 0.1% gain in January.
Services up 0.5% MoM, industrial production up 0.5%, construction up 1.0% in February despite wet weather overall conditions.
Energy‑intensive sectors saw strong gains month‑on‑month: mining +3.9%, wholesale/retail +0.7%, transport +0.4%, arts +2.0%; accommodation –0.3%, manufacturing –0.1% overall.
Capital Economics projects Q1 GDP at ~0.6% QoQ and forecasts 2026 growth slowing to 0.7% amid rising energy prices from Iran war.