UK: Recent activity data point to Q1 GDP growth at 0.1% q/q - Barclays

Dhwani Mehta FXStreet

The Barclays Research Team offers a sneak peek at what to expect from today’s UK GDP second estimate for the first quarter, slated for release at 0830 GMT.

Key Quotes:

“Recent activity data continues to point to Q1 growth at 0.1% q/q. Trade data point to a neutral contribution to Q1 GDP following a negative -0.4qq contribution in Q4, while dwelling construction points to a -0.11pp contribution of residential housing to investment growth.”

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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