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UK Q3 ultimate GDP -0.1% vs 0.0% q/q prelim

  • Prior +0.2%

The UK financial system marginally contracted in Q3 and that takes away a number of the shine off the stronger retail gross sales report here. It is no biggie but it surely does reaffirm that financial situations are slightly fragile, particularly if this begins to spill over to the labour market.

This text was written by Justin Low at www.forexlive.com.

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