Economic Well-being: April to June 2017

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  • Gross domestic product (GDP) per head grew by 0.1% in Quarter 2 (Apr to June) 2017 compared with the previous quarter and increased by 0.9% compared with the same quarter a year ago (Quarter 2 2016).
  • Net national disposable income (NNDI) per head increased by 2.0% between Quarter 2 2016 and Quarter 2 2017, due mainly to a £6.4 billion increase in the income received from the UK’s foreign direct investment from abroad.
  • Despite improvements in both GDP per head and NNDI per head, real household disposable income (RHDI) per head declined by 1.1% in Quarter 2 2017 compared with the same quarter a year ago; this was the fourth consecutive quarter that RHDI per head has decreased – the longest period of consistent negative growth since the end of 2011.
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