UK GDP Tapers Pessimism, not QE

by Ashraf Laidi

Jul 25, 2013 15:54

The UK economy grows 0.6% q/q in Q2, posting the first consecutive quarterly positive growth in over 2 years. Communicating the GDP recovery while stressing the need for ample progress ahead as well as playing down the threat from inflation will be the BoE's main message in next week's MPC statement. This will be followed by more "forward guidance” from Carney at next month's inflation report. Full chart & analysis

Click To Enlarge

Act	Exp	Prev	GMT
GDP (q/q)
0.6%	0.6%	0.3%	Jul 25 8:30
GDP (y/y)
1.4%	1.4%	0.3%	Jul 25 8:30

Latest IMTs

• Next Key Levels
  by Ashraf Laidi | Apr 6, 2026 13:54
• Gold's 730 am Test
  by Ashraf Laidi | Apr 2, 2026 22:10
• 10 Pct Limit
  by Ashraf Laidi | Mar 31, 2026 14:23
• Here is what Matters
  by Ashraf Laidi | Mar 30, 2026 13:06
• Using Gold Silver Ratio
  by Ashraf Laidi | Mar 26, 2026 13:36