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UK DATA: UK Monthly GDP (April 2019)........>

UK DATA: UK DATA: UK Monthly GDP (April 2019) Preview - 09:30 BST
- BBG Cons & MNI: -0.1% m/m, 0.4% 3m/3m; Prev(Mar): -0.1% m/m, 0.5% 3m/3m 
- Markets look for m/m GDP to remain at Mar's level, showing a marginal decline 
- UK's GDP grew 0.5% in the first quarter despite a downturn in March... 
- ...which was led by a contraction within the service (-0.1%) and construction
(-1.9%) sectors 
- Production (+0.7%) and manufacturing (+0.9%) were the only positive m/m
- Looking at the less volatile 3m/3m trend, GDP accelerated in Mar to 0.5%... 
- ...after a reading of 0.3% in both Feb and Jan 
- Stockpiling was a key factor contributing to Q1's positive GDP growth... 
- ...however, recent PMI data suggests a renewed downturn of production in the
coming months

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