UK September month-to-month GDP -Zero.1% vs +Zero.2% m/m anticipated

• Prior +Zero.2%
• Companies Zero.Zero% vs +Zero.2% m/m anticipated
• Prior +Zero.1%
• Industrial output -Zero.5% vs +Zero.1% m/m anticipated
• Prior +Zero.5%
• Manufacturing output -1.Zero% vs -Zero.1% m/m anticipated
• Prior +1.1%; revised to +1.three%
• Development output +Zero.1% vs +Zero.2% m/m anticipated
• Prior +Zero.four%; revised to +Zero.6%

The poor exhibiting in September, notably the providers sector, is what seems to have led to the drag within the quarterly estimate right here. It is not a great look to the UK financial system within the second half of the yr, particularly with situations more likely to maintain as they’re in This fall as effectively.

This text was written by Justin Low at www.ubaidahsan.com.



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