12 Sep 2022
UK GDP expands 0.2% MoM in July vs. 0.5% expected
- UK GDP arrived at 0.2% MoM in July vs. 0.5% expected.
- GBP/USD remains unfazed above 1.1600 on UK GDP miss.
The UK GDP monthly release showed that the economy rebounded in July, growing at 0.2% vs. 0.5% expectations and -0.6% previous.
more to come ...