UK February GDP -0.1% vs +0.1% m/m expected

Author: Justin Low | Category: News

Latest data released by ONS - 9 April 2020


  • Prior 0.0%; revised to +0.1%
  • GDP +0.1% vs +0.1% 3m/3m expected
  • Prior 0.0%
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Slight delay in the release by the source. The UK economy already is showing weaker signals even before the virus outbreak and lockdown measures hit, and that isn't confidence-inspiring about the underlying strength of the economy surely.

There's also factory activity data released at the same time are as per below:

  • Manufacturing production +0.5% vs +0.1% m/m expected
  • Prior +0.2%
  • Manufacturing production -3.9% vs -4.0%  y/y expected
  • Prior -3.6%
  • Industrial production +0.1% vs +0.1% m/m expected
  • Prior -0.1%
  • Industrial production -2.8% vs -3.0% y/y expected
  • Prior -2.9%
  • Construction output -1.7% vs +0.3% m/m expected
  • Prior -0.8%
  • Construction output -2.7% vs +0.2% y/y expected
  • Prior +1.6%

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