Free Trial

The first estimate of UK first quarter...>

UK PREVIEW: The first estimate of UK first quarter gross domestic product will
be released today, when we learn how economic growth fared in the first three
months of 2018. The MNI median expectation, taken from a poll of analysts, looks
for a drop in the quarterly rate to 0.3%, down from 0.4% in Q4, with an annual
growth rate of 1.3%.
- MNI's analyst team note that If the past ten first quarter results are go by
there is a clear tendency for analysts to over-estimate GDP over the opening
three months of the year. Over the past decade, analysts have overestimated Q1
growth on six occasions, generating an average data surprise of -0.25pp. For the
full email please see MNI Main Wire (Apr26 1710BST).

To read the full story



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.