In Q3 2024, economic activity in the United Kingdom scarcely grew at all (+0.1%), marking a substantial slowdown compared to the buoyancy seen in the previous half-year (+0.7% and +0.5% in Q1 and Q2 respectively). Domestic demand, which had driven activity in the previous two quarters, lost none of its vigour nevertheless, contributing 0.6 points to growth. Household consumption regained momentum (+0.5% after +0.2%), and public sector consumption continued to be stimulated by spending, especially on education (+0.6% after +0.9%). In addition, investment remained robust (+1.1%), thanks to the dynamism of public and corporate investment, even though residential investment continued to decline. Foreign trade also contributed positively to GDP growth (+0.4 points), reflecting a significant decline in imports (-1.5%) and virtual stability in exports (-0.2%). However, this positive contribution is affected by movements of non-monetary gold, which are matched by the contribution of inventory to growth (-0.9 points)...