UK GDP grew 1.1% mom in September, matched market expectations. That’s the fifth consecutive monthly increase. Industrial production rose 0.5% mom, matched expectations. Manufacturing production rose 0.2% mom, below expectation of 0.9% mom. For Q3, GDP grew 15.5% qoq, below expectation of 15.8% qoq.
Still, comparing with February’s pre-pandemic levels, GDP is still down -8.2%. Index of services was down -8.8%. Index of production was down -5.6%. Manufacturing was down -8.1%. Construction was down -7.4%. Agriculture was down -0.7%.
Also from UK, goods trade deficit widened slightly to GBP -9.3B in September versus expectation of GBP -8.8B.
