Q4 2016 UK GDP final 0.7% vs 0.7% exp q/q

Details from the Q4 2016 UK GDP final data report 31 March 2016

• 
  
  Prior revision 0.7%. Q3 0.6%
  
  


• 
  
  1.9% vs 2.0% exp y/y. Prior rev 2.0%. Q3 2.2%
  
  


• 
  
  2016 GDP 1.8%
  
  


• 
  
  Exports 4.6% vs 4.1% prior Q3 -2.1%
  
  


• 
  
  Imports -1.0% vs -0.4% prior. Q3 1.4%
  
  


• Business investment -0.9% -1.0% prior q/q. Q3 0.4%


• -0.9% vs -0.9% prior y/y. Q3 -2.2%


• Current account deficit -12.09bn vs -16.00bn exp. Prior -25.49bm. Revised to -25.70bn


• GDP deflator 2.8% unch. Q3 0.3%


• Jan index of services -0.1% vs 0.2% exp m/m. Prior 0.2%


• 0.6% vs 0.7% exp 3m/3m. Prior 0.8%

A little disappointing to see the y/y number dip into the finish line. The services side showed its first drop since March last year and household income dropping 0.4% is a worry to the finances of UK citizens. That"s likely to be inflation driven but it"s could feed through into spending and thus a less than enthusiastic consumer.

UK GDP y/y

Q4 2016 UK GDP final 0.7% vs 0.7% exp q/q
Q4 2016 UK GDP final 0.7% vs 0.7% exp q/q
http://www.forexlive.com/feed/news
$inline_image !!! CLICK HERE TO READ MORE !!! Q4 2016 UK GDP final 0.7% vs 0.7% exp q/q Forex Blog | Free Forex Tips | Forex News http://www.forextutor.net/q4-2016-uk-gdp-final-0-7-vs-0-7-exp-qq/