Home / Market Update / UK Final GDP Revised up to-19.8% QoQ in Q2

UK Final GDP Revised up to-19.8% QoQ in Q2

The final reading of Q2 UK GDP came in at -19.8% QoQ vs. -20.4% expected and -20.4% last while on an annualized basis the figure stood at -21.5% vs. -21.7% expected and -21.7% seen previously.

The Current Account numbers for Q2 came in at GBP-2.8 B versus GBP-0.4 B expected and GBP -21.1 B prior.

Meanwhile, the Total Business Investment arrived at -26.5% QoQ in Q2 vs. -31.4% previous and -31.4% expectations.

Check Also

U.S. Dollar Rebounds as Euro Weakens Following Lagarde’s Dovish Tone

The U.S. dollar strengthened on Monday, recovering from sharp losses late last week. Signs of …