Industrial output saw a significant increase, primarily driven by the return to full production at Jaguar Land Rover's facilities after a cyber-attack had previously disrupted operations. The automotive sector's recovery played a crucial role in the overall economic expansion. The services sector also experienced growth, particularly in areas such as accounting and tax consultancy, coinciding with the lead-up to the Budget announcement on November 26th.
Economists reacted positively to the better-than-anticipated figures, while cautioning that sustained growth was expected to remain moderate. Suren Thiru, economics director at the Institute of Chartered Accountants in England and Wales, noted that the "unexpectedly upbeat" November figures suggested that most sectors had "seemingly shrugged off pre-Budget uncertainty." Thiru added that the November performance made modest growth across the final quarter of 2025 "inevitable," with easing uncertainty post-Budget likely to have further supported growth in December, despite disruptions from the "super flu" in sectors like education.
The 0.3% growth in November provides a positive signal after a period of economic volatility. Market analysts will be closely watching upcoming economic data to assess whether this growth momentum can be sustained into the new year.
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