π¬π§ UK GDP beat forecast, but the strength is sitting in the wrong place
The day in view
π¬π§ UK GDP beat forecast, but the strength is sitting in the wrong place
UK GDP rose 0.4% quarter-on-quarter in Q2, beating consensus. But a volatile 1.7% jump in business investment did most of the work, while manufacturing fell and the trade deficit widened to Β£23.01bn, according to the UK's national statistics office.