UK GDP beats expectations, but growth is lacklustre
The UK economy exceeded forecasts as the gross domestic product (GDP) grew 0.5% in the last quarter of 2017, up from 0.4% in the third quarter.
GDP
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ONS reports more sluggish growth for UK
The UK economy grew 0.4% between July and September this year according to the latest figures from the Office for National Statistics, but year-on-year quarterly GDP growth fell to its lowest rate in four years.
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Improving UK GDP increases chances of rate rise
The pace of UK economic growth beat expectations in the third quarter of the year, further increasing the chance of an interest rate rise next week.
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Sterling’s fall brings no boost to UK trade
The performance of net trade since sterling’s depreciation remains the worst in UK history Pantheon Economics has warned.
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Household spending and business investment slows over Q2
Household spending and business investment in the UK remained under pressure during the second quarter, igniting concerns over the economy’s slowdown.
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GDP estimate shows ‘notable slowdown’ in UK economy
UK GDP grew by just 0.3% in the second quarter signalling a “notable slowdown” in the domestic economy, according to the Office for National Statistics.
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Three alternative calculations that will make your eyes water
In this industry, we are spoon-fed statistics every day of the week – latest numbers on factory orders, investor confidence, retail sales, global growth, inflation, unemployment, PMI – the list goes on.
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Changing economic picture casts shadow over Sainsbury’s results
Although Sainsbury’s acquisition of Argos parent company, Home Retail Group, helped curb the negative effects of weaker sterling and inflation, the group is bracing itself for a slowdown and a hit to retail sales.
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US growth drops to weakest in three years
US real GDP increased at an annual rate of 0.7% in the first quarter, the slowest pace since the first quarter of 2014.
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UK economic growth weaker as inflation hits services
The UK economy grew at a lower-than-expected 0.3% year-on-year in the first quarter as inflation dented the services sector.
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SG: Weak sterling aids UK deficit, but beware sour Brexit
Weaker sterling has helped reduce the UK account deficit beyond expectations, but Société Générale’s chief UK economist Brian Hilliard suspects sour Brexit negotiations will prevent it from falling too far.
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ONS warns of investment slump as UK GDP growth confirmed
The UK economy grew by a confirmed 0.7% in the final quarter of 2016, according to the Office for National Statistics (ONS).