UK Q2 GDP YoY Preliminary
Office for National Statistics announced the UK Q2 GDP YoY Preliminary on 2025-08-14. The reported figure stands at 1.2%, against a forecast of 1%, with the prior figure recorded as 1.30%.
Regarding the UK Q2 GDP YoY Preliminary, Actual value > Forecast value = Bullish for the Pound, GDP is the abbreviation for gross domestic product, which refers to the total value of all final goods produced and services provided in the economy of a country or region during a certain period (a quarter or a year). A significant increase in a country's GDP reflects robust economic development, an increase in national income, and enhanced consumption capacity. In such cases, the country's central bank may raise interest rates and tighten the money supply. A strong economic performance and rising interest rates will increase the attractiveness of the country's currency.
This data holds an importance level of , calculated using Release quarterly and annual data, and updates monthly. The next release is set for 2025-11-13 15:00:00.
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