UK Q2 final GDP +0.5% vs +0.6% q/q prelim

Prior +0.7%GDP +0.7% vs +0.9% y/y prelimPrior +0.3%

It’s a slight revision lower with the quarterly breakdown as per the following compared to the preliminary estimate:

Household consumption +0.11% (previously +0.12%)Government consumption +0.23% (previously +0.30%)Gross fixed capital formation +0.10% (previously +0.08%)Gross capital formation: other +2.25% (previously +2.30%)Net trade -2.20% (unchanged)

This article was written by Justin Low at www.forexlive.com.

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