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United Kingdom GBP

United Kingdom GDP Growth Rate QoQ Final

Impact:
Low

Latest Release:

Date:
Actual:
0.1%
Forecast: 0.1%
Previous/Revision:
0%
Period: Q4

Next Release:

Date:
Forecast: 0.7%
Period: Q1
What Does It Measure?
The United Kingdom GDP Growth Rate QoQ Final measures the overall economic performance of the UK by assessing the percentage change in gross domestic product from one quarter to the next. This indicator focuses on the production of goods and services within the economy and is a key barometer for economic health, influencing employment, consumption, and investment.
Frequency
The GDP Growth Rate is released quarterly, with the final figure typically published approximately 90 days after the end of the reporting quarter.
Why Do Traders Care?
Traders closely monitor the GDP Growth Rate as it serves as a crucial indicator of economic health, directly impacting financial markets. Stronger-than-expected GDP growth often leads to a bullish outlook for the currency (GBP) and equities, while weaker growth can be bearish, affecting investor sentiment and forecasting.
What Is It Derived From?
The GDP Growth Rate is derived from a comprehensive calculation that includes data from various sectors of the economy, such as manufacturing, services, and construction. It involves a combination of surveys, government reports, and financial records, providing a broad overview of economic output.
Description
The GDP Growth Rate is presented as a percentage change and typically includes both preliminary and final reports, where preliminary data is based on early estimates and subject to revisions, while final data represents a more accurate reflection and is released later. Traders often react more vigorously to preliminary figures due to their immediacy, while the final numbers may adjust market sentiment as they are confirmed.
Additional Notes
The GDP Growth Rate is considered a coincident economic indicator, showing the current state of economic activity in the UK. It is relevant to broader economic trends as it may correlate with similar indicators in other regions or countries, giving insights into global economic dynamics.
Bullish or Bearish for Currency and Stocks
If the actual GDP Growth Rate is higher than expected: Bullish for GBP, Bullish for Stocks. If the actual GDP Growth Rate is lower than expected: Bearish for GBP, Bearish for Stocks. The tone is not directly applicable to monetary policy in this case.

Legend

High Potential Impact
This event has a strong potential to move markets significantly. If the 'Actual' value differs enough from the forecast or if the 'Previous' value is significantly revised, it signals new information that markets may rapidly adjust to.

Medium Potential Impact
This event may cause moderate market movement, especially if the 'Actual' deviates from the forecast or there's a notable revision to the 'Previous' value.

Low Potential Impact
This event is unlikely to affect market pricing unless there's an unexpected surprise or a major revision to prior data.

Surprise - Currency May Strengthen
Actual deviated from Forecast on a medium or high impact event and historically could strengthen the currency.

Surprise - Currency May Weaken
Actual deviated from Forcast on a medium or high impact event and historically could weaken the currency.

Big Surprise - Currency More Likely To Strengthen
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely strengthen the currency.

Big Surprise - Currency More Likely To Weaken
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely weaken the currency

Green Number Better than forecast for the currency (or previous revise better)
Red Number Worse than forecast for the currency (or previous revise better)
Hawkish Supports higher interest rates to fight inflation, strengthening the currency but weighing on stocks.
Dovish Favors lower rates to boost growth, weakening the currency but lifting stocks.
Date Time Actual Forecast Previous Surprise
0.1%
0.1%
0%
0%
0.1%
0.4%
-0.1%
0.5%
0.6%
0.7%
-0.1%
0.7%
0.6%
-0.3%
0.1%
-0.3%
-0.3%
-0.1%
-0.1%
0%
0%
-0.1%
0.2%
0.2%
0.3%
0.1%
0.1%
0.1%
0.1%
0%
-0.1%
0.1%
-0.3%
-0.2%
0.1%
-0.1%
0.2%
-0.1%
0.7%
0.3%
0.8%
0.8%
1.3%
1.3%
1%
0.9%
0.3%
1.1%
1.3%
5.4%
-0.2%
5.5%
4.8%
-1.4%
0.7%
-1.6%
-1.5%
1.3%
-0.1%
1.3%
1%
16.9%
0.3%
16%
15.5%
-18.8%
0.5%
-19.8%
-20.4%
-2.5%
0.6%
-2.2%
-2%
0%
-0.2%
0%
0%
0.5%
0.4%
0.3%
-0.2%
0.1%
-0.2%
-0.2%
0.6%
0.5%
0.5%
0.2%
0.2%
0.2%
0.7%
0.6%
0.6%
0.4%
0.4%
0.4%
0.1%
0.2%
0.1%
0.4%
0.1%
0.4%
0.4%
0.5%
0.4%
0.4%
0.3%
0.3%
0.3%
0.3%
0.2%
0.2%
0.7%
0.7%
0.7%
0.5%
0.6%
0.5%
0.6%
0.1%
0.7%
0.6%
0.4%
0.1%
0.4%
0.4%
0.7%
0.6%
0.5%
0.4%
0.1%
0.4%
0.5%
0.5%
-0.1%
0.7%
0.7%
0.4%
0.4%
0.4%
0.8%