UK July monthly GDP -0.5% vs -0.2% m/m expected
<ul><li>Prior +0.5%</li><li>GDP +0.2% vs +0.3% 3m/3m expected</li><li>Prior +0.2%</li></ul><p>That's a rough one as the summer hit to UK economic activity looks to be harder than anticipated. Looking at the breakdown:</p><ul><li>Services -0.5% m/m</li><li>Industrial output -0.7% m/m</li><li>Manufacturing output -0.8% m/m</li><li>Construction output -0.5% m/m</li></ul>
This article was written by Justin Low at www.forexlive.com.
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