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UK November monthly GDP +0.1% vs -0.2% m/m expected

UK November monthly GDP +0.1% vs -0.2% m/m expected
  • Prior +0.5%
  • GDP -0.3% vs -0.3% 3m/3m expected
  • Prior -0.3%

That's a surprise beat for the UK economy in November, with the services sector being up by 0.2% on the month - helping to boost overall activity. That said, the outlook remains challenging coming into this year with the cost-of-living crisis still a major problem as recession risks will continue to rise.

This article was written by Justin Low at... Read More
Posted: Jan 13 2023, 07:00
Author Name: forexlive
Views: 111723

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