GDP monthly estimate, UK : August 2022
Gross domestic product (GDP) is estimated to have fallen by 0.3% in August 2022, after growth of 0.1% in July 2022 (revised down from a growth of 0.2% in our previous publication). There has been a continued slowing in the underlying three-month on three-month growth, where GDP also fell by 0.3% in the three months to August compared with the three months to May 2022. Production fell by 1.8% in August 2022 after a fall of 1.1% in July 2022 (revised down from a fall of 0.3% in our previous publication) and was the main contributor to the fall in GDP; this fall was mainly because of a decrease of 1.6% in manufacturing. ... (full story)
- Comment #1
- Oct 12, 2022 3:03am Oct 12, 2022 3:03am
- | Joined Jan 2015 | Status: Critical Source | 1012 Comments
- Comment #2
- Oct 12, 2022 5:23am Oct 12, 2022 5:23am
- | Joined Jul 2022 | Status: Junior Member | 10 Comments
- Older Stories
AUD/USD trades to a fresh yearly low (0.6247) as it extends the series of lower highs and lows from last week, and the move below 30 in the Relative Strength Index (RSI) is likely ...
US Treasury Secretary Janet Yellen said the strength of the dollar is the “logical outcome” of different monetary policy stances globally and that its value should be set by the ...
tweet at 12:05am: BoE Signalled Privately To Bankers It May Extend Bond-Buying - FT https://t.co/j9BSOCNe9N tweet at 12:14am: The British Pound is gaining after reports from @FT that the BoE signaled privately to bankers it may extend bond purchases LITERALLY hours earlier we had Governor Andrew Bailey say that intervention ends on Friday (marked on the chart below) $GBPUSD https://t.co/vXtVAu2dZ0 https://t.co/04TMlgClSN tweet at 12:14am: REPRESENTATIVES FROM BOE INFORMED SOME LENDERS IT WAS PREPARED TO EXTEND BOND FACILITY PAST OCT 14 END DATE IF MARKET CONDITIONS DEMANDED IT - FT The spike in GBP volatility and upside in gold short term government and CB interventions from other countries
- Newer Stories
Monthly construction output increased by 0.4% in volume terms in August 2022, which is the second consecutive monthly growth following the upwardly revised increase to 0.1% in ...
In August 2022 the value of imports of goods rose by more than that of exports, with high gas prices having a strong impact. Total imports of goods, excluding precious metals, ...
Monthly services output fell by 0.1% between July and August 2022 and is now 0.2% below February 2020, which was the last month of "normal" trading conditions prior to the ...