UK NIESR July GDP estimate +0.2% vs +0.3% exp

Author: Mike Paterson | Category: News

UK NIESR July GDP estimate just out 10 Aug

  • 0.3% prev

The period covered is the 3 months to July

Not prime/official data but an indicator and GBPUSD duly unfazed at 1.2997 and EURGBP 0.9025

The National Institute of Economic and Social Research (NIESR) GDP Estimate measures the change in the estimated value of all goods and services produced by the economy during the previous three months. The NIESR estimates GDP data on a monthly basis in an effort to predict the quarterly government-released data.

Good trading one and all. See you back here Monday.

                                           UK NIESR GDP mm