FX.co ★ UK GDP Growth Edges Up to 1.2% YoY in March, Extending Mild Expansion

United Kingdom GDP growth picked up modestly in March 2026, with the year-over-year rate rising to 1.2%, up from 1.0% in February 2026. The figures, updated on 14 May 2026, indicate a slight strengthening in economic momentum as the country moves through the first quarter of the year.

On a year-over-year basis, the March reading compares economic output in March 2026 with the same month a year earlier, while the February figure did the same for that month. The incremental acceleration suggests that, although growth remains relatively contained, the UK economy is managing to improve its pace of expansion compared with early 2025.

The back-to-back positive readings for February and March underscore a period of continued, if moderate, expansion, offering some reassurance that the economy is sustaining growth rather than stalling on an annual comparison basis.