UK: Q2 GDP likely up 0.3% q-o-q - Rabobank

Michael Every, Senior Asia-Pacific Strategist a Rabobank expects the UK Q2 GDP to print 0.3% q-o-q and 1.7% y-o-y, underlining that momentum is ebbing.

Key Quotes

‘In the UK we have Q2 GDP, which is seen up 0.3% q-o-q and 1.7% y-o-y, underlining that momentum is ebbing even before we approach the omni-shambles that much of the commentariat are stressing Brexit looks to be on its current glide-path. GBP will be looking to the number for some direction, of course.”