Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
The UK economy took a notable hit in January, "albeit smaller than some expected," with retail, restaurants, schools and hairdressers impacted by the latest lockdown. Jonathan Athow, Deputy National Statistician, said Friday. Monthly GDP in Jan fell 2.9% and was 9.0% below the level in Feb 2020, the last full month of "normal" operating conditions.
During January 2021, all the main components of monthly GDP remained below their pre-pandemic levels, the Office for National Statistics said. The main contributor to this decline was the fall in services, which was 10.2% below its level in Feb 2020. Production was 5.0% lower, and the main contributor to this was the fall in manufacturing, which was 5.7% below the pre-Covid number.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.