UK GDP Preview: Forecasts from three major banks, likely January rebound UnitedKingdom GDP Macroeconomics Banks Growth
January GDP is expected at 0.1% month-on-month vs. -0.5% in December.“UK economic output fell sharply in December, and probably only partially rebounded in January. Admittedly, these monthly GDP figures have been hard to read, owing to distortions surrounding both the Queen’s funeral last September and then the World Cup . That December plunge, however, means that the economy is likely to register an overall first-quarter GDP decline .
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