UK July GDP, Production, Trade9th September, 2019 11:16 am
Better monthly GDP print which kept y/y growth rate at 1.0%. But this is still the lowest level (bar last month) since Aug 2013. Activity expanded across all sectors m/m. But looks more like respite than turnaround with Brexit uncertainty continuing to drag on sentiment and activity. Surveys continue to reflect this uncertainty amid weak orders and a sharp rise in firms operating below capacity.
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