Following a disappointing 0.2% Q1 UK GDP growth, blamed on poor weather, Q2 growth stood at 0.4%, mainly due to the retail and construction sectors which were boosted by the warm temperatures. The production sector shrank by 0.8%, due to decreases in manufacturing. Household expenditure is still subdued by historical standards, at 0.3% growth, just slightly above the Q1 rate of 0.2%. The consensus expectation for 2018 GDP growth stands at 1.3%.