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UK GDP growth likely bounced back in Q3 but more weakness ahead
The coming week will be a data-heavy one for the United Kingdom and kicking things off on Monday will be third quarter GDP numbers along with the monthly breakdown of economic output, as well as trade figures for September. The data, due at 0930 GMT, are expected to point to a stagnant economy as Brexit and trade uncertainty take a toll. The British economy contracted by 0.2% in the second quarter, as production fell back after being boosted artificially in Q1 by Brexit stockpiling ahead of the UK’s original EU departure date of March 29. But with Brexit still unresolved and Westminster in political chaos, not to ... (full story)
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