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GDP monthly estimate, UK: September 2018
Commenting on today’s GDP figures for Quarter 3 (July to Sept) 2018, Head of National Accounts Rob Kent-Smith said: “The economy saw a strong summer, although longer-term economic growth remained subdued. There are some signs of weakness in September with slowing retail sales and a fall-back in domestic car purchases. However, car manufacture for export grew across the quarter, boosting factory output. Meanwhile, imports of cars dropped substantially helping to improve Britain’s trade balance.” In today’s headline figures, the three months of Quarter 3 (July, August and September) are being compared with ... (full story)