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UK Preliminary GDP rises 0.1% QoQ in Q4 vs. -0.1% expected

  • Quarterly GDP for the UK rose 0.1% in Q4 vs. -0.1% forecast.
  • UK GDP arrived at 0.4% MoM in December vs. 0.1% anticipated.
  • GBP/USD regains 1.2500 after the UK GDP data.

The UK economy expanded 0.1% QoQ in the three months to December 2024 after showing no growth in the third quarter. The data beat the expected 0.1% decline in the reported period.

The UK GDP increased 1.4% year-on-year (YoY) in Q4 vs. 1.1% expected and 0.9% recorded in Q3.

United Kingdom Index of Services (3M/3M) above expectations (0.1%) in December: Actual (0.2%)

United Kingdom Index of Services (3M/3M) above expectations (0.1%) in December: Actual (0.2%)
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United Kingdom Total Trade Balance rose from previous £-4.757B to £-2.82B in December

United Kingdom Total Trade Balance rose from previous £-4.757B to £-2.82B in December
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