Details from the Q4 2015 UK GDP 2nd revision data report 25 February 2016
– . Q3 0.4%
– 1.9% vs 1.9% exp y/y. Prior 1.9%. Q3 2.1%
– Exports -0.1% vs +0.4% exp q/q. Prior -0.3%. Revised to -0.5%
Main numbers in line but the business investment numbers are awful . The pound fell to 1.3900 and has bounced 20 pips.