Economic Buzz: U.K Q1 GDP Revised Down To 0.30%

The U.K.'s Office for National Statistics said gross domestic product expanded at a seasonally adjusted rate of 0.3% during the first quarter, in line with expectations and unchanged from a previous estimate.

Annualized GDP grew at a rate of 0.3% in the first quarter, downwardly revised from a previous forecast of 0.6% growth. Analysts expected annualized GDP to remain unchanged at 0.6%.
Source by Commodity Insights