UK April monthly GDP -0.3% vs -0.1% m/m expected ...Middle East

Prior +0.2%Services -0.4% m/mPrior +0.4%Industrial output -0.6% m/mPrior -0.7%Manufacturing output -0.9% m/mPrior -0.8%Construction output +0.9% m/mPrior +0.5%

The main drag comes from a decline in services output, which was the first monthly drop since October last year. Overall, there were falls in 9 of the 14 subsectors for the month of April. Not quite a good start to Q2 for the UK economy.

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

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