• UK gross domestic product (GDP) grew by 0.6% in Quarter 3 2018

Market news

9 November 2018

UK gross domestic product (GDP) grew by 0.6% in Quarter 3 2018

Commenting on today’s GDP figures for Quarter 3 (July to Sept) 2018, Head of National Accounts Rob Kent-Smith said:

“The economy saw a strong summer, although longer-term economic growth remained subdued. There are some signs of weakness in September with slowing retail sales and a fall-back in domestic car purchases. However, car manufacture for export grew across the quarter, boosting factory output. Meanwhile, imports of cars dropped substantially helping to improve Britain’s trade balance.”


Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.