UK Q2 final GDP +0.5% vs +0.6% q/q prelim

• Prior +0.7%
• GDP +0.7% vs +0.9% y/y prelim
• Prior +0.3%

It’s a slight revision lower with the quarterly breakdown as per the following compared to the preliminary estimate:

• Household consumption +0.11% (previously +0.12%)
• Government consumption +0.23% (previously +0.30%)
• Gross fixed capital formation +0.10% (previously +0.08%)
• Gross capital formation: other +2.25% (previously +2.30%)
• Net trade -2.20% (unchanged)

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