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    HomeLive CommentsUK GDP grew 0.6% mom in Sep, 1.3% qoq in Q3

    UK GDP grew 0.6% mom in Sep, 1.3% qoq in Q3

    ActionForex
    By ActionForex

    UK GDP grew 0.6% mom in September, slightly above expectation of 0.6% mom. GDP remained -0.6% below its pre-coronavirus level in February 2020. Looking at some details, services grew 0.7% mom. Production dropped -0.4% mom while manufacturing dropped -0.1% mom. Construction rose 1.3% mom.

    For Q3 as a whole, GDP grew 1.3% qoq, below expectation of 1.5% qoq. It remains -2.1% below the pre-pandemic level in Q4 2019.

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