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Analysts at TD Securities expect UK’s monthly GDP for August to show a 0.1% m/m gain (market: 0.1% m/m).

Key Quotes

“Activity is grinding to a halt  as one-off factors dissipate. Our models point to few gains in the economy in August, with services and manufacturing both stagnant, while construction provides a meagre boost to nudge growth into positive territory. Risks are tilted toward no growth at all. July momentum should keep Q3 growth looking healthy, even if only superficially.”

“BoE Chief Economist Andy Haldane speaks at a “Future of Work” conference at 10am BST.”