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UK Preliminary GDP expands 0.1% QoQ in Q3 vs. 0.2% expected

  • Quarterly GDP for the UK rose 0.1% in Q3 vs. 0.2% estimate.
  • UK GDP came in at -0.1% MoM in September vs. 0.2% forecast.
  • GBP/USD remains below 1.2700 after the UK GDP data.

The UK economy grew 0.1% QoQ in the three months to September 2024 after expanding 0.5% in the second quarter. The data missed the market forecast of +0.2% in the reported period.

The UK GDP climbed by 1.0% YoY in Q3 vs. 1.0% expected and 0.7% recorded in Q2.

The monthly UK GDP arrived at -0.1% in September, compared to a 0.2% increase in August, missing the expectations of +0.2%.

United Kingdom Index of Services (3M/3M) remains at 0.1% in September

United Kingdom Index of Services (3M/3M) remains at 0.1% in September
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United Kingdom Total Trade Balance dipped from previous £-0.955B to £-3.462B in September

United Kingdom Total Trade Balance dipped from previous £-0.955B to £-3.462B in September
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