UK Q3 GDP due Friday, 11 November 2022, preview: "should signal the start of a recession"

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UK Q3 GDP  due Friday, 11 November 2022, preview: "should signal the start of a recession"

<p>UK data due on Friday, 11 November 2022 includes economic growth data for the July, August & September quarter:</p><ul><li> This snapshot below is from the ForexLive economic data calendar, <a href="https://www.forexlive.com/EconomicCalendar">access it here</a>.</li><li> The times in the left-most column are GMT. </li><li> The numbers in the right-most column are the 'prior' (previous month/quarter as the case may be) result. The number in the column next to that, where there is a number, is the consensus median expected.</li></ul><p>Snippet preview via Société Générale:</p><ul><li>GDP data for September will be biased downwards by the disruption to activity from the Queen's funeral, leading to output falling by 0.4% m/m</li><li>The result for 3Q as a whole should be a fall in GDP of 0.5% QoQ which should signal the start of a recession that is likely to extend to the middle of next year</li></ul><p>I posted this mid-week:</p><ul><li><a href="https://www.forexlive.com/news/deutsche-bank-on-the-inevitable-uk-recession-20221109/" target="_blank">Deutsche Bank on the 'inevitable' UK recession</a></li></ul>

                This article was written by Eamonn Sheridan at forexlive.com.

Source: UK Q3 GDP  due Friday, 11 November 2022, preview: "should signal the start of a recession"

forexlive.com