UK March monthly GDP +0.2% vs 0.0% m/m expected

• Prior +0.5%
• Services +0.4% vs +0.1% m/m expected
• Prior +0.3%
• Industrial output -0.7% vs -0.5% m/m expected
• Prior +1.5%; revised to +1.7%
• Manufacturing output -0.8% vs -0.5% m/m expected
• Prior +2.2%; revised to +2.4%
• Construction output +0.5% vs +0.1% m/m expected
• Prior +0.4%; revised to +0.2%

The focus today is on the quarterly report but the beat on estimates in the March report here is helping to give the former a boost as well. It reaffirms a solid showing in the UK economy in the first quarter of the year at least.

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