UK Q3 preliminary GDP +zero.1% vs +zero.2% q/q anticipated
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- Prior +zero.5%
- GDP +1.zero% vs +1.zero% y/y anticipated
- Prior +zero.7%
The quarterly estimate reveals that the UK economic system barely expanded in Q3, which highlights a extra struggling backdrop within the second half of the 12 months. This can be a difficult spot to observe for the BOE, particularly if labour market circumstances additionally begin to ease a lot faster within the months forward.
This text was written by Justin Low at www.ubaidahsan.com.
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