United Kingdom: Preliminary GDP advances 0.7% intertrmetral in the first quarter of 2025 compared to 0.6% expected

  • The quarterly GDP of the United Kingdom increased 0.7% in the first quarter of 2025 compared to 0.6% estimated.
  • The British GDP stood at 0.2% intermensual in December compared to 0% forecast.
  • The GBP/USD maintains profits below 1,3300 after the United Kingdom GDP data.

The economy of the United Kingdom grew by 0.7% intertrmetral in the three months until March 2025, after an increase of 0.1% in the last quarter of 2024. The data exceeded the estimated increase of 0.6% in the period reported.

He GDP The United Kingdom advanced 1.3% year -on -year (annual) in the first quarter of 2025 compared to 1.2% expected and 1.5% in the fourth quarter of 2024.

The monthly GDP of the United Kingdom was 0.2% in March, compared to a 0.5% growth in February, exceeding the expected reading of 0%.

Meanwhile, the Services Index (March) stood at 0.7% 3m/3m compared to the previous 0.6%.

Other data from the United Kingdom showed that industrial production and manufacturing production fell 0.7% and 0.8%, respectively, during the month of March. Both indicators They did not meet market expectations.

The quarterly preliminary business investment jumped 5.9% in the quarter from January to March.

Market reaction to the United Kingdom data

The mixed figures of GDP and the United Kingdom industry failed to move the needle around The pound sterling At the time of the publication, the GBP/USD quotes 0.08% higher in the day at 1,3275.

LIBRA ESTERLINA PRICE TODAY

The lower table shows the percentage of pounding sterling (GBP) compared to the main currencies today. Libra sterling was the strongest currency against the New Zealand dollar.

USD EUR GBP JPY CAD Aud NZD CHF
USD -0.15% -0.07% -0.50% -0.02% 0.01% 0.06% -0.27%
EUR 0.15% 0.07% -0.34% 0.12% 0.16% 0.22% -0.12%
GBP 0.07% -0.07% -0.41% 0.05% 0.08% 0.17% -0.17%
JPY 0.50% 0.34% 0.41% 0.46% 0.50% 0.54% 0.23%
CAD 0.02% -0.12% -0.05% -0.46% 0.05% 0.11% -0.22%
Aud -0.01% -0.16% -0.08% -0.50% -0.05% 0.06% -0.24%
NZD -0.06% -0.22% -0.17% -0.54% -0.11% -0.06% -0.32%
CHF 0.27% 0.12% 0.17% -0.23% 0.22% 0.24% 0.32%

The heat map shows the percentage changes of the main currencies. The base currency is selected from the left column, while the contribution currency is selected in the upper row. For example, if you choose the sterling pound from the left column and move along the horizontal line to the US dollar, the percentage change shown in the box will represent the GBP (base)/USD (quotation).

Source: Fx Street

You may also like