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MNI UK DATA SURVEY: UK Q4 GDP 2nd Estimate

MNI (London)
Repeats Story Initially Transmitted at 12:26 GMT Feb 19/07:26 EST Feb 19
By Jamie Satchithanantham
     LONDON (MNI) - The preliminary estimate of UK fourth quarter GDP placed
output growth unrevised at 0.5% over the quarter, 0.1 of a percentage point
higher than that recorded in Q3.
     This week's release will give us the expenditure breakdown so alongside any
meaningful revisions to the output components eyes will be primed for how
household spending, net trade and business investment fared between October and
December.
     Of the fourteen analysts polled thus far, all saw growth unrevised at 0.5
q/q. Expected annual growth was also unchanged at 1.5% y/y.
--------------------------------------
                     2017 Q4   2017 Q4
                     2nd GDP   2nd GDP
                    Estimate  Estimate
                        rate      rate
                       % Q/Q     % Y/Y
Date Out              22-Feb    22-Feb
Median                   0.5       1.5
Forecast High            0.5       1.5
Forecast Low             0.5       1.5
Standard Deviation       0.0       0.0
Count                     14         8
Prior                    0.5       1.5
Bayern                   0.5       N/A
Berenberg                0.5       N/A
Capital Economics        0.5       1.5
Credit Suisse            0.5       N/A
Commerzbank              0.5       N/A
Investec                 0.5       1.5
JP Morgan                0.5       1.5
LBBW                     0.5       N/A
Lloyds TSB               0.5       1.5
Nomura                   0.5       1.5
Oxford Economics         0.5       1.5
Pantheon                 0.5       N/A
Societe Generale         0.5       1.5
UniCredit                0.5       1.5
--MNI London Bureau; +44 203-586-2226; email: jamie.satchithanantham@marketnews.com
[TOPICS: MTABLE]
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com

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