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UK GDP grew 0.3% mom in Nov, but down -0.2% in the three month period

ActionForex
By ActionForex

UK GDP grew 0.3% mom in November, above expectation of 0.2% mom. Services output rose 0.4% mom. Production output grew 0.3% mom. Construction sector fell-0.2% mom.

However, in the three months to November, GDP fell -0.2% compared with the prior three months period to August. Services showed no growth, production output fell by -1.5% and construction fell by -0.6% over the same period.

Full UK GDP release here.

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