UK GDP rose 8.7% mom in June, down -20.4% qoq in Q2, -17.2% below Feb’s level

<p>UK GDP grew 8.7% mom in June, better than expectation of 8.0% mom, and a strong improvement from May&#8217;s 2.4% mom. For the quarter, Q2 GDP, however, still contracted -20.4% qoq, slightly below expectation of -20.2% qoq. That&#8217;s also notable deterioration from Q1&#8217;s -2.2% qoq. Overall, GDP remains -17.2% below levels seen back in February, [&#8230;]</p> <p>The post <a rel="nofollow" href="https://www.actionforex.com/live-comments/318162-uk-gdp-rose-8-7-mom-in-june-down-20-4-qoq-in-q2-17-2-below-febs-level/">UK GDP rose 8.7% mom in June, down -20.4% qoq in Q2, -17.2% below Feb&#8217;s level</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>