Office for National Statistics announced the UK Q1 GDP QoQ Final on 2025-06-27. The reported figure stands at 0.7%, against a forecast of 0.7%, with the prior figure recorded as 0.70%.
Regarding the UK Q1 GDP QoQ Final, Actual value > expected value, bullish for the pound; conversely, bearish for the pound, GDP stands for gross domestic product, which is the total value of all final goods produced and services provided in 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 this case, 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 Statistical changes in the total economic output of the previous quarter, publishing quarterly and annual rate data, and updates Every season.
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