UK Q4 GDP Preview: Growth seen flat over....>

UK DATA: UK Q4 GDP Preview: Growth seen flat over quarter, Y/Y Below 1%

-------------------------------------------------------------------

--Q4 GDP media forecast 0.0% q/q, +0.8% y/y; Dec GDP seen +0.2% m/m (Bbg)

--Dec Index of Services seen +0.2% m/m, +1.2% y/y

--IP fcast +0.3% m/m, -0.8% y/y; manuf +0.5% m/m, -0.8% y/y 

-------------------------------------------------------------------

UK GDP is seen coming in flat in Q4, leaving annualised year over year growth at

0.8%, latest forecasts suggest. To get to absolute flat growth, the UK needs Dec

to record +0.2% growth across the month according to ONS calculations, although

+0.1% will be enough to see growth rounded up to 0.0%. For actual growth in Q4

of 0.1%, Decembers needs to come in at +0.5% for absolute, 0.4% rounded.