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UK house prices rose 0.5% m/m in............>

UK DATA
MNI (London)
UK DATA: UK house prices rose 0.5% m/m in November, up 0.8% y/y according to the
latest Nationwide survey, coming in below 1% y/y for the 12th month in a row.
"Indicators of UK economic activity have been fairly volatile in recent
quarters, but the underlying pace of growth appears to have slowed as a result
of weaker global growth and an intensification of Brexit uncertainty. To date,
the slowdown has largely centred on business investment, while household
spending has been more resilient," Nationwide chief economis Robert Gardner
said.
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com

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