# United Kingdom Gross Value Added at basic prices: Implied deflator:SA ()

United Kingdom Gross Value Added at basic prices: Implied deflator:SA () was up 2.1% year on year in Q2 2026, compared with 3.4% in Q1 2026.
The level stood at 102.1 (index).
That is the lowest reading since Q1 2024.
Over the past ten years it has ranged from −5.9% (Q2 2021) to 11.7% (Q1 2023), averaging 3.4%.

- Source agency: UK Office for National Statistics
- Makrognosis code: `UK.GVA.Q.SA.ITEM-MNX5.MEASURE-IDEF`
- Frequency: quarterly
- Units: index
- Coverage: 1955-01-01 to 2026-04-01 (286 observations)
- Page: https://makrognosis.robomacro.com/data/united-kingdom/gross-value-added-at-basic-prices-implied-deflator-sa-seasonally

## Recent data

| Period | Value | Y/Y % |
|---|---:|---:|
| Q2 2026 | 102.1 | 2.1 |
| Q1 2026 | 102.0 | 3.4 |
| Q4 2025 | 100.9 | 3.0 |
| Q3 2025 | 100.5 | 3.3 |
| Q2 2025 | 99.95 | 4.2 |
| Q1 2025 | 98.63 | 4.0 |
| Q4 2024 | 97.98 | 5.0 |
| Q3 2024 | 97.27 | 4.1 |
| Q2 2024 | 95.94 | 3.1 |
| Q1 2024 | 94.87 | 0.8 |
| Q4 2023 | 93.32 | 2.2 |
| Q3 2023 | 93.41 | 6.8 |
| Q2 2023 | 93.04 | 8.0 |
| Q1 2023 | 94.07 | 11.7 |
| Q4 2022 | 91.34 | 10.2 |
| Q3 2022 | 87.49 | 6.8 |
| Q2 2022 | 86.12 | 6.0 |
| Q1 2022 | 84.25 | 2.3 |
| Q4 2021 | 82.87 | 2.5 |
| Q3 2021 | 81.93 | −0.3 |
| Q2 2021 | 81.21 | −5.9 |
| Q1 2021 | 82.35 | 4.0 |
| Q4 2020 | 80.84 | 2.7 |
| Q3 2020 | 82.21 | 5.1 |

## API

```
curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/UK.GVA.Q.SA.ITEM-MNX5.MEASURE-IDEF"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/UK.GVA.Q.SA.ITEM-MNX5.MEASURE-IDEF",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
```