UK: Q1 GDP likely to grow by 0.3% - Nomura

Sandeep Kanihama FXStreet Contributor

Analysts at Nomura forecast 0.3% q-o-q GDP growth of the UK economy in the initial Q1 print.

Key Quotes

“There is no detail on the expenditure components in the first estimate – the numbers are constructed primarily from the output side of the accounts. Because the initial print is made up of only 40% of the information used for the final estimate of GDP, it can be subject to sizeable future revisions.”

Author

Sandeep Kanihama

FXStreet Contributor

Sandeep Kanihama is an FX Editor and Analyst with FXstreet having principally focus area on Asia and European markets with commodity, currency and equities coverage. He is stationed in the Indian capital city of Delhi.

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