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Q/Q Q3 GDP Growth Unrevised At +0.4%; Y/Y...>

UK DATA
UK DATA: Q/Q Q3 GDP Growth Unrevised At +0.4%; Y/Y Revised Up +1.7% y/y  
-UK Q3 Business Investment +0.5% q/q; Joint-Weakest Since Q4 2016
-UK Q3 Household Spending Rev Down to +0.5% q/q; Strongest Since Q3 2016
-UK Q3 Net Trade Exerts Neutral Effect on q/q Growth
-UK Oct Index of Services +0.2% m/m; +0.3% 3m/3m; +1.2% y/y  
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Quarterly GDP growth was unrevised in Q3 but there were revisions 
to components in both the output and expenditure breakdowns. IOP (1.3% 
q/q) and construction output (-0.5% q/q) were both revised up as was 
business investment (0.5% q/q). Household expenditure (0.5% q/q) and 
government spending (-0.2%) were revised down. Net trade was updated to 
have a neutral effect on GDP from a previosuly reported drag. The 
household savings ratio fell to 5.2% q/q in Q3 from 5.6% in Q2, the 3rd 
lowest rate in the past 20 years. Real household disposable income 
growth was also down in Q3, falling to 0.2% from 2.3% in Q2. 

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