National Income
(asked on 9th March 2022) - View Source
Question to the HM Treasury:
To ask Her Majesty's Government whether UK GDP was lower at the end of 2021 than at the end of December 2019.
This question was answered on 22nd March 2022
The independent Office for National Statistics (ONS) is responsible for measuring UK GDP. In the three months to December 2021 UK real GDP was 0.4% below its level in the three months to December 2019, where the economy was affected by restrictions necessitated by the Omicron wave at the end of the year. The ONS also produce monthly GDP figures, which show that in January 2022 real GDP was 0.8% above the level prior to the pandemic in February 2020.