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UK March monthly GDP -0.3% vs 0.0% m/m expected

UK March monthly GDP -0.3% vs 0.0% m/m expected

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Justin Low
12/05/2023 | 06:00 GMT
  • Latest data released by ONS - 12 May 2023
  • Prior 0.0%

The drag was largely from services, with the monthly reading there dropping by 0.5% (vs estimate of 0.0%). However, the Q1 reading still managed to meet estimates despite the drop here so it can be overlooked a little.

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