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UK GDP 3-Month Avg (Dec) 0.1% vs. Exp. 0.2% (Prev. -0.1%, Rev. From 0.1%, Low. 0.1%, High. 0.2%)

Newsquawk Staff ·

UK GDP 3-Month Avg (Dec) 0.1% vs. Exp. 0.2% (Prev. -0.1%, Rev. From 0.1%, Low. 0.1%, High. 0.2%)

What it means

The UK's 3-month GDP average came in at 0.1%, slightly below the expected 0.2%, following a previous contraction of -0.1%. This miss may suggest weakness in the economic recovery, which could prompt market reassessments of growth expectations and influence monetary policy considerations, potentially impacting the GBP and UK bonds.

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