- Prior revised to 0.5%
- Annual growth estimated at 3.0% for 2014 and 2.3% for 2015
Some adjusting of the annual figures with 2014 GDP rising from 2.9% and 2015 lowered from 2.4% in the July report.
The market cares not and the down ward revision to 0.5% reflects the slowdown we’ve been seeing of late. There will be a point where a run of poor data will have the market thinking about a sustained slowdown and that will weigh on the quid even more.
