UK ONS: Will continue to acknowledge 'technical' recessions in calendar quarter GDP
|UK Office For National Statistics (ONS) said in a statement on Monday, it will explore the benefits of publishing confidence intervals around the latest estimates of calendar quarter GDP.
It will continue to acknowledge 'technical' recessions in calendar quarter GDP, the ONS said, however, the UK’s stats department will not do so for rolling 3-month estimates.
Recall that the ONS announced on April 17 that it will be delaying the release of the next Retail Sales and the GDP data.
May release of the GDP data will be delayed by a day and June’s pushed back by 2 days.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.