Q2 GDP Unrevised, Q1 Revised Higher: a Drag.>

UK DATA: Q2 GDP Unrevised, Q1 Revised Higher: Manufacturing a Drag

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Q2 GDP unrev -0.2% Q/Q (Q1 revised +0.6% Q/Q from +0.5% Q/Q)

Q2 GDP +1.3% Y/Y vs revised Q1 2.1% Y/Y 

Q2 Household spending +0.4% Q/Q vs +0.3% Q/Q Q1 

Q2 Gov't spend +1.1% Q/Q vs +0.8% Q/Q Q1    

Q2 Manufacturing -2.8% revised Q/Q vs +2.0% Q1  

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UK GDP fell 0.2% in Q2, weighed by a sharp fall in manufacturing output 

between April and June as stockpiling before the original end-March 

Brexit date was reversed. There were some bright spots in the data, with 

still steady consumer spending and modestly increased government 

expenditure positive contributors to growth in the quarter.