UK Q3 final GDP +0.6% vs +0.6% q/q prelim

Author: Justin Low | Category: News

Latest data released by ONS - 21 December 2018

  • Final GDP +1.5% vs +1.5% y/y prelim
  • Total business investment -1.1% vs -1.2% q/q prelim
  • Total business investment -1.8% vs -1.9% y/y prelim
Preliminary readings can be found here. No changes on the headline figures relative to initial estimates and a mild and insignificant upward revision to total business investment - which remains rather poor.

The pound is little changed on the data and rightfully so. There isn't anything from this that warrants much movement. Markets will be more interested in Q4 data and Brexit at the moment.

GBP/USD sits at 1.2659 nearly unchanged on the day as the dollar gains during the session. EUR/GBP sits lower now at 0.9021 as the euro slumps to near its weakest levels on the day.

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