UK GDP contracted -0.3% mom in Aug, driven by production

UK GDP contracted -0.3% mom in August, worst than expectation of 0.1% mom expansion. In the three months to August, compared with the three months, GDP contracted by -0.3%, with -1.5% fall in production, -0.1% fall in services and flat growth in construction. Production fell by -1.8% mom, and was the main contributor to the […]

The post UK GDP contracted -0.3% mom in Aug, driven by production appeared first on Action Forex.