Final Q3 reading now out
– +0.5% prev
– yy +2.1% vs +2.3% exp/prev
– exp vs -17.5bln prev from -16.8bln
– Q3 labour costs +2.0% yy, +0.3% qq
– total business investment qq +2.2% as exp/prev
Not good news for the GBP bulls and the pound is slipping albeit not tumbling. Better than exp c/a data helping to temper losses as is higher household disposable income