- Prelim prior 0.7%. Q2 0.9%
- 3.0% unch. Q2 3.2%
- Exports -0.4% vs -0.1% exp. Prior -1.0% vs -5.2% y/y in Q2
- Imports 1.4% vs 0.7% exp. Prior -0.3%
- Private consumption 0.8% vs 0.6% exp q/q. Prior 0.6%
- Government spending 1.1% vs 0.2% exp. q/q Prior 1.0%
- Business investment -0.7% vs 3.3% prior q/q. 6.3% vs 11.0% prior y/y
- Index of services 0.5% vs 0.0% prior q/q. 3m/3m 0.8% unch
It’s a bit of mixed bag really. Exports are down while imports jump (cheaper prices likely to be behind the rise in imports). Consumption is up slightly for the consumer and government but business investment falling is not good news at all. Total production fell to 0.2% from 0.5% prior.
UK Q3 2014 2nd read breakdown 26 11 2014
UK Q3 2014 GDP yy 26 11 2014
