Industrial output saw a significant increase, driven by the return to full production at Jaguar Land Rover's facilities after disruptions caused by a cyber-attack. The services sector also experienced growth, with activities such as accounting and tax consultancy benefiting from the lead-up to the Budget on November 26th.
Economists reacted positively to the better-than-expected figures, although cautioned that overall growth is expected to remain moderate. Suren Thiru, economics director at the Institute of Chartered Accountants in England and Wales, described the November figures as "unexpectedly upbeat," suggesting that most sectors had largely disregarded pre-Budget uncertainties. Thiru added, "November's uptick means it's inevitable that the UK economy grew modestly across the final quarter of 2025 with easing uncertainty post-Budget likely to have supported growth in December, despite the 'super flu' disrupting activity in sectors like education."
The 0.3% growth in November provides a positive signal after a period of economic stagnation. Market analysts will be closely watching upcoming economic data to assess whether this growth momentum can be sustained into the new year. The ONS is expected to release further details on sector-specific performance in the coming weeks, offering a more granular view of the UK's economic landscape.
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