UK GDP YoY (May) Y/Y 1.3% vs. Exp. 1.4% (Prev. 1.2%)
Newsquawk Staff ·
- ONS: Services drove growth across the three months with computer programming and advertising leading; the pharma industry also performed well.
- This was only partially offset by another weak period for power generation, while architectural and engineering firms also contracted.
- While all three main sectors grew over the three months, the slight growth in GDP in May was driven by services alone, with production and construction both falling back.
- UK S&P Global Services PMI Flash (Oct) 53.1 vs. Exp. 51.8 (Prev. 52.1)
- UK S&P Global Manufacturing PMI Flash (Oct) 52.8 vs. Exp. 51.7 (Prev. 51.9)
- UK S&P Global Composite PMI Flash (Oct) 53.1 vs. Exp. 51.8 (Prev. 52.0)
- [MARKET ANALYSIS] DXY is a touch firmer, Kiwi gains whilst the JPY digests further BoJ source reports
- Newsquawk Daily European Opening News - 23rd October 2026
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