Details of the Q4 2016 UK preliminary GDP data report 26 January 2017
Q3 0.6%
2.2% vs 2.1% exp y/y. Prior 2.2%
2016 GDP 2.0% vs 2.2% in 2015
Nov index of services 0.3% vs 0.3% exp m/m. Prior 0.3%
1.0% vs 0.9% exp 3m/3m. Prior 1.0%. Revised to 1.1%
We had a decent run into the end of the year, nothing boomtastic but steady.
UK GDP preliminary data
The consumer remained strong through Q4 and although we say a late spurt from construction and manufacturing, on the year they remain largely unchanged.
No real move in the pound, unsurprisingly. GBPUSD trades 1.2650.
UK GDP y/y