Home UK GDP contracts 0.4% m/m in April, GBP/USD falls back to 1.2700

UK GDP contracts 0.4% m/m in April, GBP/USD falls back to 1.2700

Updated: 10 Jun. 2019 | 10:37

The UK GDP monthly release showed that the economy contracted 0.4% in April, coming in at % versus -0.1% previous.

Meanwhile, Index of services (Apr) came in at 0.0% vs +0.1% m/m expected and Index of services (Apr) arrived at +0.3% vs +0.3% 3m/3m expected and 0.3% last.

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