Details from the Q3 2016 UK GDP 1st revision data report 25 November 2016
– 2.3% vs 2.3% exp y/y. Flash 2.3%. Q2 2.1%
– Exports 0.7% vs 1.0% exp q/q. Q2 -1.0%
Pretty much on the money. Better investment numbers, which will be welcome in the post Brexit environment, though we’ll have to see if that’s maintained in this next phase of uncertainty before art50 is triggered. The drop in imports could be sterling related as goods become more expensive. Consumption was so-so.