UK GDP Flat In 3 Mos Through July After.....>

UK DATA: UK GDP Flat In 3 Mos Through July After Apr-June Fall 

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-JUL GDP +0.3% M/M; +1.0% Y/Y; +0.3% 3M/3M; 1.1% 3M Y/Y

-JUL GDP FCAST MEDIANS 0.1% M/M, 0.8% Y/Y, -0.1% 3M/3M 

-JUL INDEX OF SERVICES +0.3% M/M; +0.2% 3M/3M; +1.4% Y/Y

-JUL INDUSTRIAL PRODUCTION +0.1% M/M; -0.9% Y/Y

-JUL MANUFACTURING OUTPUT +0.3% M/M; -0.6% Y/Y

-JUL TOTAL TRADE DEFICIT STG0.219BN VS STG0.132BN JUN

-JUNE TOTAL TRADE REVISED FROM STG1.78BN SURPLUS TO STG0.132BN DEFICIT

-JUL NON-EU TRADE DEFICIT STG1.932BN VS STG1.771BN JUN

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UK GDP was flat in the 3 mos through July, slightly ahead of forecasts 

and beating the 0.2% decline seen in the three months to June. Once 

again, the services sector was the bedrock of the economy and the 

only positive contributing sector to growth in the 3 months. Total trade 

was in deficit in July, with June also revised lower back into the red.