UK services output annual growth: wholesale and retail trade
UK services output annual growth: wholesale and retail trade stood at 0.3% in Jul 2026, according to Office for National Statistics (ONS). It is one of the indicators in the Monthly GDP and output table (Value · Monthly), with a complete series running from Jan 1998 to Jul 2026. The complete series with an interactive chart, free to download.
This indicator in the Monthly GDP and output table
| Indicator | 07-2026 | 06-2026 | 05-2026 | 04-2026 | 03-2026 | 02-2026 | 01-2026 | 12-2025 | 11-2025 | 10-2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Services output, growth on a year earlier | |||||||||||
| 46&47 — Wholesale & Retail Trade | 0.3 | 2.1 | 2.5 | 1.5 | 0.1 | 1.6 | 1.9 | 0.1 | 0.3 | 0.2 | |
| 47 — Retail trade except of motor vehicles and motorcycles | 1.9 | 3.9 | 3.3 | 0.6 | 1.4 | 1.6 | 4.6 | 1.6 | 1.6 | 2 |
Understanding UK services output annual growth: wholesale and retail trade
Annual percentage growth in real gross value added for wholesale and retail trade across the United Kingdom is captured by this twelve-month comparison metric. It measures the change in commercial distribution output relative to the same month in the previous year, smoothing out monthly volatility and weather anomalies. This perspective allows analysts to evaluate structural shifts in consumer spending and merchant activity without the distraction of short-term calendar quirks.
While year-on-year comparisons effectively remove seasonal bias, they can lag behind turning points in the economic cycle by comparing current conditions against past baselines. Early figures are subject to regular revisions as more complete tax and turnover data replaces initial survey estimates. Analysts pair this annual growth rate with retail price indices to distinguish between volume changes and inflation-driven spending shifts.
Frequently asked questions
- What does this annual growth metric evaluate?
- It tracks the twelve-month percentage change in real gross value added generated by wholesale and retail trade enterprises.
- Why is the year-on-year comparison useful for trade data?
- It eliminates seasonal peaks associated with holidays and promotional shopping periods, revealing underlying annual momentum.
- Are these growth figures adjusted for inflation?
- The index measures real gross value added, meaning price changes are removed to reflect true volume growth.