UK gross domestic product (GDP) recorded no month-on-month growth in January, following increases of 0.1% and 0.2% in December and November 2025 respectively.

The latest data, published by the Office for National Statistics (ONS), showed that month-on-month, services output showed no growth, with production output falling by 0.1% and construction output increasing by 0.2%.

In the three months to January, real GDP increased by 0.2% compared with the three months to October.

Across the sectors, services output grew by 0.2%, after showing no growth in the three months to December, while production output grew by 1.3% in this period, compared to a growth of 1.2% in the same period.

However, construction output continued to shrink by 2% in the three months to January, following falls of 2.1% and 0.9% in the three months to December and November respectively.

Head of financial analysis at AJ Bell, Russ Mould, said that while the latest figures continue to shed light on the "weakness of the country's economy", there isn't much clarity as to what comes next.

She concluded: "The war in Iran has completely changed the playing field and the playbook Rachel Reeves has been working from might need ripping up.

"If the UK economy was at a standstill in January, what will happen to it in the months ahead? If the oil price keeps climbing and we see spiralling fuel and energy costs, it could require the government to step in once again, even as the cost of its own borrowing edges up.

"The brightest spot in the latest ONS figures is from the recovery in manufacturing as JLR continued to bounce back from last autumn’s cyber-attack. But whilst the service sector managed to eke out some growth in the three months to January, the start of the year pointed to a still cautious consumer and highlighted the weakness in the labour market.

"It’s ironic that fertiliser is one of the commodities caught in the shipping snarl up in the Strait of Hormuz, because those green shoots we’d all been hoping for this spring seem to be lacking the right fuel to grow."

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