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UK Q1 final GDP +0.7% vs +0.6% q/q prelim

  • Prior -0.3%
  • GDP +0.3% vs +0.2% y/y prelim
  • Prior -0.2%

Looking at the breakdown, household consumption contributed 0.25% to Q1 GDP with the bigger contributor being from net trade (0.56%). That is offset a little by gross capital formation (-0.11%)

This article was written by Justin Low at www.forexlive.com.

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