© 1982-2023 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

MNI BRIEF: Mester Says Fed Likely Has Some More Work To Do

MNI: US Treasury Market Needs Restructuring-Jackson Hole Paper

MNI: Canada June YOY Budget Surplus Narrows As Spending Up 10%

EZ/UK Bond Supply Calendar: EU to sell 3/18-year bonds Monday

EZ/UK T-Bill Calendar: Germany / France to issue on Monday

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT FINAL AUG INDEX 69.5

MNI BRIEF: China Will Look To Belt & Road Amid Trade Tensions

MNI BRIEF: BOC Staff Paper Sees Few Signs Of 'Greedflation'

MNI BRIEF: Canada Raises Bank Capital Buffer On Housing Risk

Services, Construction Support GDP in July..>

UK DATA
UK DATA: Services, Construction Support GDP in July But Mfg Weak Again   
-UK Jul GDP +0.3% m/m; +1.6% y/y; +0.6% 3m/3m; +1.4% 3m y/y
-UK Jul Index of Services +0.3% m/m; +1.5% y/y
-UK Jul Index of Production +0.1% m/m; +0.9% y/y
-UK Jul Manufacturing -0.2% m/m; +1.1% y/y
-UK Jul Construction +0.5% m/m; +3.5% y/y
---------------------------------------------------------------
On an output basis, GDP grew by 0.3% m/m in July, following growth of 
0.1% m/m in June and 0.3% m/m in May. That meant on a 3m/3m basis, GDP 
grew by 0.6% - the joint-fastest pace since February 2017. Assisting the 
solid monthly rate was a strong services sector, bolstered further by 
strong retail activity, and mining and quarrying which returned to 
full-action after an unforseen closure in June. Manufacturing output, 
however, continued to disappoint, while construction output recorded its 
fastest 3m/3m pace of growth since Feb '17.              
MarketsFixed Income NewsForeign Exchange News
MarketsFixed Income NewsForeign Exchange News
To read the full story

    Why Subscribe to
    
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.