UK Q1 preliminary GDP +0.7% vs +0.6% q/q expected

• Prior +0.1%

The beat comes amid a stronger March monthly report here, hinting at a more solid showing by the UK economy in Q1. The jump in the first quarter is largely led by the services sector, which also expanded by 0.7% on the quarter in terms of output.

This article was written by Justin Low at www.forexlive.com.