UK GDP flat in Oct, no growth for 3 months..>

UK DATA: UK GDP flat in Oct, no growth for 3 months straight

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- OCT GDP 0.0% M/M, +0.7% Y/Y VS OCT 2018; 0.0% 3M/3M

- OCT TOTAL TRADE DEFICIT STG5.188BN VS STG1.922BN SEP

- OCT INDEX OF SERVICES +0.2% M/M; +1.2% Y/Y

- OCT INDUSTRIAL PRODUCTION +0.1% M/M, PRV -0.3%, MED +0.2%

- OCT MANUFACTURING +0.2% M/M, PRV -0.4%, MEDIAN 0.0%

- OCT CONSTRUCTION -2.3% M/M, PRV -0.2%, MEDIAN -0.3%

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M/M UK GDP stagnated in Oct after two consecutive month of decline, 

falling short of market forecasts which had pencilled in an 0.1% 

uptick. While the 3-month rolling average was in line with 

expectations at 0.0%, the annual growth rate hit its lowest level 

since June 2012. Industrial production rebounded in Oct, rising by 0.1% 

following two months of decrease. Meanwhile the service sector 

accelerated to 0.2% in Oct, a three-month high.