However, today's figures also show that economic activity in the third quarter is unrevised, meaning growth there was no growth in the period between July and September.
The latest figures from the Office for National Statistics (ONS) reveal Gross Domestic Product (GDP) rose marginally between October and December.
GDP increased largely due to the services sector, which rose by 0.2% in the final quarter.
Chancellor Rachel Reeves vowed not to accept an "economy that has failed working people".
She said in a statement: "For too long, politicians have accepted an economy that has failed working people.