UK Preliminary GDP rises 0.1% QoQ in Q4 vs. -0.1% expected
Source Fxstreet
- Quarterly GDP for the UK rose 0.1% in Q4 vs. -0.1% forecast.
- UK GDP arrived at 0.4% MoM in December vs. 0.1% anticipated.
- GBP/USD regains 1.2500 after the UK GDP data.
The UK economy expanded 0.1% QoQ in the three months to December 2024 after showing no growth in the third quarter. The data beat the expected 0.1% decline in the reported period.
The UK GDP increased 1.4% year-on-year (YoY) in Q4 vs. 1.1% expected and 0.9% recorded in Q3.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
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