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GDP monthly estimate, UK: April 2019
“GDP growth showed some weakening across the latest 3 months, with the economy shrinking in the month of April mainly due to a dramatic fall in car production, with uncertainty ahead of the UK’s original EU departure date leading to planned shutdowns. “There was also widespread weakness across manufacturing in April, as the boost from the early completion of orders ahead of the UK’s original EU departure date has faded.” More information on the fall in car manufacturing can be found in Section 5. The rolling three-month growth of 0.3% in April 2019 may appear inconsistent with the month-on-month growths of ... (full story)
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