The Office for National Statistics has confirmed UK Q3 GDP came in at 0.7% but revised down figures for the previous five quarters.
The ONS confirmed today that Q3 growth matched the estimate announced at the end of November.
This marks the seventh consecutive quarter-on-quarter increase in GDP, although the figure falls slightly short of the 0.8% achieved in Q2.
However, the year-on-year growth rate for the 12 months to 30 September has been revised down from 3.0% to 2.6% after downwards revisions for the previous five quarters.
Chancellor George Osborne announced estimated GDP growth of 3% for 2014 in his Autumn Statement earlier this month.
There were some surprising stories in the Q3 data. Growth in construction, typically a volatile segment, was double the November estimate, rising from 0.8% to 1.6%.
Household expenditure also rose at a healthier rate, rising 0.9% against the 0.6% seen in Q2, its fastest rise in four years.
These figures mitigated against a fall in business investment of 1.4% on the quarter, although business did contribute to the slight uptick in wage growth previously announced by the ONS.
The combination of the GDP revisions and poor current account figures caused the pound to dip against the dollar from $1.558 to $1.552, close to the 15-month low hit last week.
