UK: GDP and manufacturing to surprise to the upside in November – TDS UnitedKingdom GDP EconomicIndicator Banks GBPUSD
“We are looking for a significant upside surprise to November GDP growth, with the UK economy expanding 0.8% m/m on the back of strong growth in both the services and manufacturing sectors.”
“We expect manufacturing to surprise to the upside as well, as we look for 0.8% m/m growth in November manufacturing output with growth in motor vehicle production being a significant driver. This would altogether leave GDP on track for 1.1% q/q growth in Q4 2021—slightly above the BoE's forecast of 1.0%.”
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Asia week ahead: China GDP report to set the tone next week – INGEconomists at ING offered a brief preview of next week important macro releases, including the Chinese GDP report and Australian labour market report.
Read more »
Six of the cosiest winter breaks in the UKWarm up with these ideas for toasty winter staycations
Read more »
UK-supplied E30 BMW M3 for saleIcons come no more iconic - and in BMW M's big birthday year, too...
Read more »
Skoda Enyaq iV 80x SportLine 2022 UK review | AutocarSkoda has added a more powerful all-wheel-drive model to the Enyaq iV line-up. Is the Enyaq 80x Sportline worth the extra outlay? First drive review
Read more »