Latest data released by ONS – 11 June 2021
- Prior +2.1%
- GDP +1.5% vs +1.6% 3m/3m expected
- Prior -1.5%
The readings are more or less in-line with estimates and that provides a bit of a taste of the bounce in economic activity as virus restrictions were eased. Given how things have progressed in recent weeks, expect more of a pickup in May and June as well.