UK final GDP rises by 0.5% q/q in Q1, meets estimates (GBP little changed)
Friday, 28 June 2019 15:49 WIB | ECONOMY |Ekonomi inggrisGDP Inggris

The UK GDP second estimate showed that the economy expanded by 0.5% q/q in the first quarter of 2019, the same as that seen in the first readout, while matching the consensus forecasts.

While on an annualized basis, the UK economy™s growth rate arrived at 1.8% in Q1, matching the expectations of 1.8% and unchanged from 1.8% previous reading.

Separately, the UK total investment data arrived at 0.4% q/q in Q1 while at -1.5% y/y for the same period. Both the figures came in below the consensus forecasts.

Source : FXstreet

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