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Forex news -forex broker review => Forex => Topic started by: forex4you on Jun 14, 2023, 02:40 pm

Title: UK April monthly GDP +0.2% vs +0.2% m/m expected
Post by: forex4you on Jun 14, 2023, 02:40 pm
UK April monthly GDP +0.2% vs +0.2% m/m expected

  • Prior -0.3%
  • GDP +0.5% vs +0.5% y/y expected
  • Prior +0.3%

The services sector was the main contributor for the growth on the month, accounting for +0.26% while both the production and construction sectors fell showed a -0.04% performance to monthly GDP. And with the latest improvement in economic activity, UK GDP is now estimated to be 0.3% above its pre-pandemic i.e. February 2020 levels.



                This article was written by Justin Low at www.forexlive.com.

Source: UK April monthly GDP +0.2% vs +0.2% m/m expected (https://www.forexlive.com/news/uk-april-monthly-gdp-02-vs-02-mm-expected-20230614/)

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