Recent UK GDP data showing 0.6% expansion in Q1 2026, following 0.2% growth in Q4 2025, has reinforced trader expectations that the economy will avoid contraction this year despite an energy-price shock from Middle East tensions. Consensus forecasts from the OBR, NIESR, and private economists project full-year growth between 0.8% and 1.4%, supported by services resilience and fiscal support, though tempered by higher borrowing costs and subdued consumer spending. With Bank Rate steady at 3.75% and inflation data due mid-June, markets price the probability of two consecutive quarters of negative growth at roughly 37.5%, reflecting baseline resilience rather than outright expansion. Key near-term catalysts include Q2 PMI releases and any escalation in global energy costs that could widen the output gap.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · UpdatedThis market includes estimates reported in both the Office for National Statistics’ GDP first quarterly estimate, UK releases and the updated GDP quarterly national accounts, UK releases for the relevant quarters. Monthly GDP estimates will not be considered.
This market’s resolution will be based on the most recently available qualifying estimates for the relevant quarters at the time of each relevant release. Any two consecutive quarters with qualifying negative GDP growth will be sufficient for a “Yes” resolution, regardless of prior or later revisions.
For example, if upon release the relevant estimate for Q2 2026 is negative, and Q1 2026’s most recently available qualifying estimate is also negative, this market will resolve to “Yes”. If the relevant estimate for Q2 2026 is negative, and the initial estimate for Q1 2026 was negative, but Q1 2026’s most recently available qualifying estimate at the time of the Q2 release is positive, this will not qualify.
This market will resolve as soon as a qualifying recession occurs. If no qualifying recession has occurred and the most recently available qualifying estimates for both Q3 2026 and Q4 2026 are positive at the time of the release of the GDP first quarterly estimate, UK for Q4 2026, this market will resolve to “No” at that time. If the most recently available qualifying estimate for either Q3 2026 or Q4 2026 is negative at that time, this market will remain open until the GDP quarterly national accounts, UK release for Q4 2026 is published. If that release is not published by April 30, 2027, 11:59 PM ET, this market will resolve based on the available qualifying data at that time.
The resolution source for this market will be the Office for National Statistics, specifically its "GDP first quarterly estimate, UK" and "GDP quarterly national accounts, UK" releases for the relevant quarters.
Market Opened: Apr 23, 2026, 6:16 PM ET
Resolver
0x65070BE91...This market includes estimates reported in both the Office for National Statistics’ GDP first quarterly estimate, UK releases and the updated GDP quarterly national accounts, UK releases for the relevant quarters. Monthly GDP estimates will not be considered.
This market’s resolution will be based on the most recently available qualifying estimates for the relevant quarters at the time of each relevant release. Any two consecutive quarters with qualifying negative GDP growth will be sufficient for a “Yes” resolution, regardless of prior or later revisions.
For example, if upon release the relevant estimate for Q2 2026 is negative, and Q1 2026’s most recently available qualifying estimate is also negative, this market will resolve to “Yes”. If the relevant estimate for Q2 2026 is negative, and the initial estimate for Q1 2026 was negative, but Q1 2026’s most recently available qualifying estimate at the time of the Q2 release is positive, this will not qualify.
This market will resolve as soon as a qualifying recession occurs. If no qualifying recession has occurred and the most recently available qualifying estimates for both Q3 2026 and Q4 2026 are positive at the time of the release of the GDP first quarterly estimate, UK for Q4 2026, this market will resolve to “No” at that time. If the most recently available qualifying estimate for either Q3 2026 or Q4 2026 is negative at that time, this market will remain open until the GDP quarterly national accounts, UK release for Q4 2026 is published. If that release is not published by April 30, 2027, 11:59 PM ET, this market will resolve based on the available qualifying data at that time.
The resolution source for this market will be the Office for National Statistics, specifically its "GDP first quarterly estimate, UK" and "GDP quarterly national accounts, UK" releases for the relevant quarters.
Resolver
0x65070BE91...Recent UK GDP data showing 0.6% expansion in Q1 2026, following 0.2% growth in Q4 2025, has reinforced trader expectations that the economy will avoid contraction this year despite an energy-price shock from Middle East tensions. Consensus forecasts from the OBR, NIESR, and private economists project full-year growth between 0.8% and 1.4%, supported by services resilience and fiscal support, though tempered by higher borrowing costs and subdued consumer spending. With Bank Rate steady at 3.75% and inflation data due mid-June, markets price the probability of two consecutive quarters of negative growth at roughly 37.5%, reflecting baseline resilience rather than outright expansion. Key near-term catalysts include Q2 PMI releases and any escalation in global energy costs that could widen the output gap.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated



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