UK GDP arrives at 0% MoM in April, as expected

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UK GDP arrives at 0% MoM in April, as expected
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The UK economy stagnated in April after expanding 0.4% in March, the latest data published by the Office for National Statistics (ONS) showed on Wednesday.

UK GDP came in at 0% MoM in April vs. 0% forecast. GBP/USD remains below 1.2750 after the UK data. The UK economy stalled in April, with GDP arriving at 0% after expanding 0.4% in March, the latest data published by the Office for National Statistics showed on Wednesday. Markets expected no growth in the reported period. Meanwhile, theIndex of services came in at 0.9% 3M/3M vs. March’s 0.7% print and 0.8% forecast.

British Pound PRICE Today The table below shows the percentage change of British Pound against listed major currencies today. British Pound was the strongest against the Japanese Yen. USD EUR GBP JPY CAD AUD NZD CHF USD -0.04% -0.05% 0.08% -0.09% -0.20% -0.08% -0.02% EUR 0.04% -0.01% 0.12% -0.09% -0.19% -0.04% 0.00% GBP 0.05% 0.01% 0.14% -0.05% -0.14% 0.00% 0.03% JPY -0.08% -0.12% -0.14% -0.20% -0.29% -0.16% -0.11% CAD 0.09% 0.09% 0.05% 0.20% -0.11% 0.05% 0.06% AUD 0.20% 0.19% 0.14% 0.29% 0.

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