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13 Dec 2024

UK GDP contracts 0.1% MoM in October vs. +0.1% expected

  • UK GDP declined 0.1% MoM in October, missed forecast.
  • GBP/USD drops below 1.2650 after the UK economic data.

The UK economy contracted at a monthly pace of 0.1% in October after declining 0.1% in September, the latest data published by the Office for National Statistics (ONS) showed on Friday. The market forecast was 0.1% growth in the reported period.

Dec 13, 2024

Germany Exports (MoM) came in at -2.8%, below expectations (-2%) in October

Germany Exports (MoM) came in at -2.8%, below expectations (-2%) in October
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Dec 13, 2024

United Kingdom Index of Services (3M/3M): 0.1% (October)

United Kingdom Index of Services (3M/3M): 0.1% (October)
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