UK GDP arrives at 0.2% m/m in February, beats estimates

The UK GDP monthly release showed that the economy expanded in February, coming in at 0.2% versus 0.0% expected and 0.5% previous.

Meanwhile, Index of services (Feb) came in at +0.1% vs. +0.1% m/m expected and Index of services (Feb) arrived at + 0.3% vs. +0.4% 3m/3m expected and +0.5% last.