UK GDP expands 0.4% MoM in May vs. 0.2% expected
Source Fxstreet
- UK GDP arrived at 0.4% MoM in May vs. 0.2% estimate.
- GBP/USD remains above 1.2850 after the UK data.
The UK economy grew 0.4% over the month in May after stagnating in April, the latest data published by the Office for National Statistics (ONS) showed on Thursday. The data beat market expectations of 0.2% in the reported period.
more to come ....
Disclaimer: For information purposes only. Past performance is not indicative of future results.
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