UK May monthly GDP -0.1% vs -0.3% m/m expected
<ul><li>Prior +0.2%</li><li>GDP 0.0% vs -0.1% 3m/3m expected</li><li>Prior +0.1%</li></ul><p>UK GDP marginally declined in the month of May with the details showing no growth in the services sector, followed by a 0.01% drop in construction and 0.08% fall in production during the month. Compared to pre-pandemic levels i.e. February 2020, monthly GDP is now 0.2% above that benchmark.</p>
This article was written by Justin Low at www.forexlive.com.
Leave a Comment