UK Q3 GDP unrevised at the second estimate

UK GDP in volume terms was estimated to have increased by 0.5% between Quarter 2 (Apr to June) 2016 and Quarter 3 (July to Sept) 2016, unrevised from the preliminary estimate of gross domestic product published on 27 October 2016. This is the 15th consecutive quarter of positive growth since Quarter 1 (Jan to Mar) 2013.

The reporting period for this release covers Quarter 3 2016, and therefore includes data for the whole period after the EU referendum. Since the result, growth in gross domestic product (GDP) has been in line with recent trends. This suggests limited effect so far from the referendum.

Between Quarter 3 2015 and Quarter 3 2016, GDP in volume terms increased by 2.3%, unrevised from the previously published estimate

The post UK Q3 GDP unrevised at the second estimate appeared first on forex-analytics.press.