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Thursday, 26 May 2016
News

UK GDP rose by 0.4%

UK GDP in volume terms was estimated to have increased by 0.4% between Quarter 4 (Oct to Dec) 2015 and Quarter 1 (Jan to Mar) 2016, unrevised from the preliminary estimate of GDP published on 27 April 2016, in line with market forecasts. This is the 13th consecutive quarter of positive growth since Quarter 1 2013.
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Friday, 13 May 2016
News

Eurozone GDP grew by 0.5% in Q1

Seasonally adjusted GDP rose by 0.5% in both the euro area (EA19) and the EU28 during the first quarter of 2016, 
compared with the previous quarter, according to a flash estimate published by Eurostat. In the fourth quarter of 2015, GDP grew by 0.3% and 0.4% respectively. Compared with the same quarter of the previous year, seasonally adjusted GDP rose by 1.5% in the euro area and by 1.7% in the EU28 in the first quarter of 2016, after +1.6% and +1.8% respectively in theprevious quarter.
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Thursday, 28 April 2016
News

US GDP grew less than expected

GDP increased at an annual rate of 0.5% in the first quarter of 2016, according to the "advance" estimate released by the Bureau of Economic Analysis. Analysts were expecting 0.7% increase. The increase in real GDP in the first quarter reflected positive contributions from personal consumption expenditures (PCE), residential fixed investment, and state and local government spending that were partly offset by negative contributions from nonresidential fixed investment, private inventory investment, exports, and federal government spending. Imports, which are a subtraction in the calculation of GDP, increased.
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Wednesday, 27 April 2016
News

UK GDP grew by 0.4%

GDP is estimated to have increased by 0.4% in Quarter 1 (Jan to Mar) 2016 compared with growth of 0.6% in Quarter 4 (Oct to Dec) 2015. This was in line with market predictions. Output increased in services by 0.6% in Quarter 1 (Jan to Mar) 2016. The other 3 main industrial groupings within the economy decreased, with production falling by 0.4%, construction output by 0.9% and agriculture by 0.1%.
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