Select Language

UK GDP falls 0.3% MoM in April vs. -0.1% expected

Breaking news

UK GDP falls 0.3% MoM in April vs. -0.1% expected

  • X
  • facebook
  • LINE
  • RSS

  • X
  • facebook
  • LINE
  • RSS
update 2025.06.12 15:02
UK GDP falls 0.3% MoM in April vs. -0.1% expected

update 2025.06.12 15:02

  • UK GDP contracted 0.3% MoM in April, missing estimates.
  • GBP/USD pares gains toward 1.3550 after the UK economic data.

The UK economy contracted in April, with the Gross Domestic Product (GDP) declining 0.3%, having increased by 0.2% in March, the latest data published by the Office for National Statistics (ONS) showed on Thursday.

The market consensus was for a 0.1% decline in the reported period.

developing story ...


Date

Created

 : 2025.06.12

Update

Last updated

 : 2025.06.12

Related articles


Show more

FXStreet

Financial media

arrow
FXStreet

FXStreet is a forex information website, delivering market analysis and news articles 24/7.
It features a number of articles contributed by well-known analysts, in addition to the ones by its editorial team.
Founded in 2000 by Francesc Riverola, a Spanish economist, it has grown to become a world-renowned information website.

Was this article helpful?

We hope you find this article useful. Any comments or suggestions will be greatly appreciated.  
We are also looking for writers with extensive experience in forex and crypto to join us.

please contact us at [email protected].

Thank you for your feedback.
Thank you for your feedback.

Most viewed

Crude Oil price today: WTI price bullish at European opening

West Texas Intermediate (WTI) Oil price advances on Thursday, early in the European session. WTI trades at $67.36 per barrel, up from Wednesday's close at $67.32.Brent Oil Exchange Rate (Brent crude) is also up, advancing from the $69.61 price posted on Wednesday, and trading at $69.67.
New
update2025.07.10 15:11

ECB's Villeroy: Growth is slow, but positive in France

European Central Bank policymaker Francois Villeroy de Galhau spoke on Thursday about the French economy, saying that he expects the French Gross Domestic Product (GDP) to grow 0.6% this year. 
New
update2025.07.10 15:07

EUR/GBP posts modest gain above 0.8600 ahead of German inflation data

The EUR/GBP cross trades with mild gains near 0.8625 during the early European session on Thursday. Optimism around the United States (US)-European Union (EU) deal underpins the Euro (EUR). The German June inflation data will be released later on Thursday.
New
update2025.07.10 14:53

GBP/JPY Price Forecast: Seems poised to retest YTD peak, near 200.00 mark

The GBP/JPY cross attracts some dip-buyers near the 198.40-198.35 region during the Asian session on Thursday and stalls a modest corrective pullback from a one-year high touched the previous day.
New
update2025.07.10 14:42

BoJ's regional assessment report sees impact of US tariff policies

In its quarterly regional economic report published on Thursday, the Bank of Japan (BoJ) is expected to reflect uncertainty over how US tariffs will affect local businesses.
New
update2025.07.10 14:24

USD/CAD Price Forecast: Wobbles near 1.3700

The USD/CAD pair trades in a tight range near 1.3700 during Asian trading hours on Thursday.
New
update2025.07.10 14:05

USD/INR opens higher while investors await India-US trade deal confirmation

The Indian Rupee (INR) opens higher against the US Dollar (USD) on Thursday. The USD/INR pair drops to near 85.70, while investors await the confirmation of the trade deal between India and the United States (US) to gauge direction.
New
update2025.07.10 13:52

EUR/USD rises to near 1.1750 due to uncertainty over Fed rates, tariff concerns

EUR/USD appreciates after registering mild losses in the previous session, trading around 1.1730 during the Asian hours on Thursday. The pair appreciates as the US Dollar (USD) loses ground following the latest Federal Open Market Committee (FOMC) Meeting Minutes and developments on US tariffs.
New
update2025.07.10 13:46

USD/CHF recovers few pips from weekly low, remains below mid-0.7900s

The USD/CHF pair rebounds a few pips from a fresh weekly low touched during the Asian session on Thursday and for now, seems to have stalled this week's slide from the vicinity of the 0.8000 psychological mark.
New
update2025.07.10 13:41

GBP/USD gathers strength above 1.3600 on softer US Dollar

The GBP/USD pair gains ground around 1.3605 during the Asian trading hours on Thursday. The Greenback softens against the Pound Sterling amid the prospects for more interest rate cuts by the Federal Reserve (Fed) this year. Traders await the US weekly Initial Jobless Claims data later on Thursday.
New
update2025.07.10 13:37

Disclaimer:arw

All information and content provided on this website is provided for informational purposes only and is not intended to solicit any investment. Although all efforts are made in order to ensure that the information is correct, no guarantee is provided for the accuracy of any content on this website. Any decision made shall be the responsibility of the investor and Myforex does not take any responsibility whatsoever regarding the use of any information provided herein.

The content provided on this website belongs to Myforex and, where stated, the relevant licensors. All rights are reserved by Myforex and the relevant licensors, and no content of this website, whether in full or in part, shall be copied or displayed elsewhere without the explicit written permission of the relevant copyright holder. If you wish to use any part of the content provided on this website, please ensure that you contact Myforex.

  • Facebook
  • Twitter
  • LINE

Myforex uses cookies to improve the convenience and functionality of this website. This website may include cookies not only by us but also by third parties (advertisers, log analysts, etc.) for the purpose of tracking the activities of users. Cookie policy

I agree
share
Share
Cancel