Analyst report 🌐 Macro 🌍 United Kingdom

Deutsche Bank Research Forecasts Flat UK GDP Growth for August 2026

Deutsche Bank Research forecasts stagnant UK GDP for August 2026, citing a cooling trend as services growth fails to fully offset declines in the production and construction sectors.

🕐 1 min read

1 assets impacted (Stocks). Net bias: 0 Bullish, 0 Bearish, 1 Neutral. Strongest signal: DB → 1/10 (72% confidence).

📊 Affected Assets (1)

DB
Neutral 🤖 72%
📅 Short-term 🌍 DE · Explicit

Deutsche Bank Research published a UK GDP nowcast, but the report does not materially affect Deutsche Bank's own stock valuation.

🎯 Key Takeaways

  • UK GDP growth is expected to stall in August 2026 after a strong July performance.
  • Services sector expansion is projected to be neutralized by weakness in production and construction.

📝 Executive Summary

Deutsche Bank Research economists Sanjay Raja and Maui Brennan project UK GDP will remain flat in August 2026 following a robust performance in July. The analysis indicates that marginal gains in the services sector will likely be offset by contraction in production and construction output.

❓ FAQ

What is the outlook for the UK economy according to Deutsche Bank Research?

Deutsche Bank Research expects UK GDP to remain flat in August 2026, driven by a divergence between a slightly growing services sector and declining production and construction output.