UK Economy Stalls in January
The GDP in the UK stalled mom in January 2026, following a 0.1% rise in December, and compared to forecasts of a 0.2% gain. Services showed no growth (vs +0.2% in the previous month), with the largest negative contribution coming from administrative and support service activities that fell 2.3%, driven by a 5.7% slump in employment activities, and a 3.9% drop in rental and leasing. In contrast, the largest positive contribution came from wholesale and retail trade; repair of motor vehicles (up 1%). Meanwhile, production dropped 0.1%, extending a 0.9% drop in December, led by falls in mining and quarrying (-3.2%) and electricity, gas, steam and air conditioning supply (-0.3%). This decline was partially offset by growths of 1.9% in water supply; sewerage, waste management and remediation activities, and of 0.1% in manufacturing. The construction sector grew 0.2%. Year-on-year, the economy expanded 0.8%. Considering the three months to January, the GDP grew 0.2%.





