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Soft Growth And Credit Data Expected By.....>

UK DATA
UK DATA: Soft Growth And Credit Data Expected By Market
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- FINAL Q4 GDP expected to remain at 0.2% q/q; 1.3% y/y (MNI and Bbg Consensus)
- Q4 CURRENT ACCOUNT expected to narrow slightly despite recent negative
surprises
- Bbg Cons and MNI Median GBP -22.9bn vs Q3 GBP -26.5bn
- MORTGAGE APPROVALS for February expected to soften again following January
bounce back
- Bbg Cons and MNI Median 65k vs 66.8k in January
- NET CONSUMER CREDIT for February expected to slow from January
- Bbg Cons and MNI Median GBP 0.9bn vs GBP 1.1bn in January

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