The final reading of UK GDP for Q4 2015
– 2.1% vs 1.9% exp y/y. Prior 1.9% Q3 2.1%
– Business investment -2.0% vs -2.1% prior q/q.
– 3.0% vs 2.4% prior y/y
– Jan Index of services 0.2% vs 0.2% exp m/m. Prior 0.2%. Revised to 0.3%
A touch better from the last revision and that will lessen some of the bearish view of the economy…slightly.