Makrognosis

United Kingdom Gross Domestic Product at market prices:Implied deflator:SA ()

QuarterlySeasonally adjustedCode UK.GDP.Q.SA.ITEM-MNF2.MEASURE-IDEF

Latest (y/y)2.4%Q2 2026
Previous (y/y)3.1%Q1 2026
Level102.1Q2 2026

United Kingdom Gross Domestic Product at market prices:Implied deflator:SA () was up 2.4% year on year in Q2 2026, compared with 3.1% in Q1 2026.

The level stood at 102.1 (index).

That is the lowest reading since Q3 2021.

Over the past ten years it has ranged from −4.5% (Q2 2021) to 9.5% (Q2 2020), averaging 3.3%.

United Kingdom Gross Domestic Product at market prices:Implied deflator:SA (), annual % change, Q1 1956 – Q2 2026−10%0%10%20%30%1960197019801990200020102020Robomacro
United Kingdom Gross Domestic Product at market prices:Implied deflator:SA (), annual % change, Q1 1956 – Q2 2026. Source: UK Office for National Statistics.
United Kingdom Gross Domestic Product at market prices:Implied deflator:SA (), level (index)02550751001960197019801990200020102020Robomacro
United Kingdom Gross Domestic Product at market prices:Implied deflator:SA (), level (index).

Showing the full history (downsampled for display). Open the interactive chart to zoom and switch transforms.

Recent data

PeriodValueY/Y %
Q2 2026102.12.4
Q1 2026101.83.1
Q4 2025101.03.2
Q3 2025100.53.3
Q2 202599.753.8
Q1 202598.753.9
Q4 202497.904.4
Q3 202497.303.9
Q2 202496.073.5
Q1 202495.003.6
Q4 202393.793.9
Q3 202393.656.5
Q2 202392.857.2
Q1 202391.687.9
Q4 202290.317.8
Q3 202287.986.5
Q2 202286.595.8
Q1 202284.992.9
Q4 202183.802.9
Q3 202182.630.6
Q2 202181.80−4.5
Q1 202182.613.8
Q4 202081.432.9
Q3 202082.114.4

Last 24 observations. The full history (286 observations) is available through the API.

Get United Kingdom Gross Domestic Product at market prices:Implied deflator:SA () in your code or spreadsheet

One guessable code, agency-direct, updated on release. Free tier available.

curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/UK.GDP.Q.SA.ITEM-MNF2.MEASURE-IDEF"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/UK.GDP.Q.SA.ITEM-MNF2.MEASURE-IDEF",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
Get a free API key → · API docs

About this series

Latest observationQ2 2026
First observationQ1 1955
Observations286
FrequencyQuarterly
Unitsindex
AdjustmentSeasonally adjusted
10-year high9.5% (Q2 2020)
10-year low−4.5% (Q2 2021)
10-year average3.3%
Source agencyUK Office for National Statistics
Makrognosis codeUK.GDP.Q.SA.ITEM-MNF2.MEASURE-IDEF

More United Kingdom GDP series

United Kingdom (S.1): Net lending/borrowing from the financial account (B.9F) as a percentage of GDP: Not seasonally adjusted ()United Kingdom Central government (S.1311) Net lending/borrowing from the financial account (B.9F) as a percentage of GDP Not seasonally adjusted ()United Kingdom Difference between GDP(E) and GDP(A) MP (SA CP) £m ()United Kingdom Difference between GDP(Expenditure) and GDP(Average) MP(CVM SA) £m ()United Kingdom FISIM: impact on GDP at market prices, CP NSA: £mn ()United Kingdom FISIM: impact on GDP at market prices, CVM NSA: £mn ()United Kingdom Financial corporations (S.12): Net lending/borrowing from the non-financial account as a percentage of GDP: SA ()United Kingdom GDP (Gross Domestic Product)United Kingdom General government (S.13) Net lending/borrowing from the financial account (B.9F) as a percentage of GDP: NSA ()United Kingdom Gross Domestic Product (Expenditure) chained volume index: SA ()United Kingdom Gross Domestic Product (Expenditure) chained volume measure SA £m ()United Kingdom Gross Domestic Product (Expenditure) current basic prices index SA ()United Kingdom Gross Domestic Product (Expenditure) current basic prices: aligned:SA £m ()United Kingdom Gross Domestic Product (Income) chained volume index: SA ()United Kingdom Gross Domestic Product (Income) current basic prices index SA ()United Kingdom Gross Domestic Product (Income) current basic prices: aligned: SA £m ()United Kingdom Gross Domestic Product index: Current price: Seasonally adjusted ()United Kingdom Gross Domestic Product: CVM: NSA £m ()United Kingdom Gross domestic product (Average) per head, CVM market prices (reference year = 2023) £: SA ()United Kingdom Gross domestic product (Average) per head,at current market prices: SA ()

Other United Kingdom indicators

United Kingdom GDP (Gross Domestic Product)United Kingdom Nominal GDP (current prices)United Kingdom Inflation Rate (CPI)United Kingdom Core Inflation RateUnited Kingdom Unemployment RateUnited Kingdom Credit Rating & Sovereign Risk ScoreUnited Kingdom Industrial ProductionUnited Kingdom Production Industries - Total (Index 1dp): CVM SAUnited Kingdom Retail SalesUnited Kingdom Producer Price Inflation (PPI)United Kingdom BoP Current Account Balance SAUnited Kingdom Trade Balance: Goods & ServicesUnited Kingdom Total Trade (TT): WW: Exports: BOP: CP: SA (goods + services)United Kingdom Total Trade: World: Exports: BOP: CVM SAUnited Kingdom Total Trade (TT): WW: Imports: BOP: CP: SA (goods + services)United Kingdom Total Trade: World: Imports: BOP: CVM SA

FAQ

What is the current gross Domestic Product at market prices:Implied deflator:SA () in United Kingdom?
The latest reading is 2.4% year on year for Q2 2026, published by UK Office for National Statistics.
Where does this data come from?
It is collected directly from UK Office for National Statistics and is available through the Makrognosis API under the code UK.GDP.Q.SA.ITEM-MNF2.MEASURE-IDEF.

Last updated 2026-10-16. Source: UK Office for National Statistics. Original title: “Gross Domestic Product at market prices:Implied deflator:SA (UK)”.